Here's where the last $6 billion in CHIPS Act semiconductor award money is going

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The rollout of the Biden administration's CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion's share of the $33 billion that has been allocated to this point. Now, with $6 billion remaining, the focus is shifting to sending smaller awards to smaller companies—dozens of them, up and down the supply chain. The goal, government officials and industry experts say, is to leverage the remaining grant money to lure in as much private investment as possible, while boosting supply chain resilience and economic security by funding U.S.-based facilities in areas like materials and packaging. "We are really focused on investing across the semiconductor ecosystem," Michael Schmidt, director of the CHIPS Program Office at the Commerce Department, told CNBC. That means funneling investments to both upstream suppliers – companies providing materials and equipment, for example – and downstream players, such as those involved in the advanced packaging that takes place after a semiconductor is produced. Schmidt said some current mature technologies, also known as legacy chipmakers, will likely be in line for a piece of the remaining funds as well. "Once we begin to rebuild that ecosystem in this country, once we begin to rebuild the scale that we expect to see in this country, I think that will create ongoing investments, investment dynamics and continue to make it attractive for companies to invest in the future," he said. The question of where the remaining CHIPS Act award money will be headed is looming large now that the Commerce Department has announced recipients for nearly 85% of its grant money and has committed to allocating the remaining funding by the end of the calendar year. Hundreds of companies are still vying for a piece of the money that remains: More than 600 initially submitted statements of interest, Commerce Secretary Gina Raimondo said in February, but only nine have received awards so far. Intel , Taiwan Semiconductor , Samsung and Micron combined will receive nearly $28 billion, while GlobalFoundries received $1.5 billion and four smaller companies – BAE Systems, Microchip , Polar Semiconductor and Absolics – received a combined $392 million. Another $3.5 billion has been set aside for the "secure enclave" program, which will produce semiconductors for military use.