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.
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