The Biden-Harris Administration has announced $5bn to support semiconductor-related research, development, and workforce needs as part of its plan to bolster domestic manufacturing.
While semiconductors were invented in the US, the country today produces less than 10% of the global supply and none of the most advanced chips. But President Biden wants that to change as part of the implementation of the CHIPS and Science Act.
The recent capital boost for the market will support the development of the National Semiconductor Technology Centre (NSTC). It has been confirmed that the NSTC will ensure the US leads the way in the next generation of semiconductor technologies by supporting the design, prototyping, and piloting.
The NSTC’s workforce activities will engage senior leadership from the National Science Foundation, Department of Defense, Department of Energy, Department of Labor, and Department of Education, among other federal agencies.
Signed into law in August 2022, the investments laid out under the CHIPS and Science Act are set to cut both the time and cost of commercialising new technologies.
Specifically, the CHIPS R&D programme includes $11bn in total funding to advance four programmes: the NSTC; the National Advanced Packaging Manufacturing Programme; the CHIPS Metrology Programme; and the CHIPS Manufacturing US Institute.
News of the funding boost builds on the progress the administration has already made in advancing research, development, and innovation in the US.
Just last week, the White House and the National Science Foundation named 10 US regions that are emerging as innovation ecosystems and receiving over $530m in investment catalysed by the National Science Foundation’s Regional Innovation Engines programme, including to support advanced semiconductor packaging capabilities in Osceola County, Florida.
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