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The US Administration has announced that it plans to invest over $5bn in semiconductor-related research, development, and workforce needs, including in the National Semiconductor Technology Center (NSTC), to advance its goals of driving R&D in the United States.
The Biden administration will invest $5 billion to expand semiconductor manufacturing and research, including funds to prioritize workforce development and training opportunities in the emerging clean-energy economy.
The investment is being implemented under the Chips and Science Act, as the country continues to boost its capabilities in the sector.
US had failed to fund the "science half" of CHIPS and Science Act, critic said.
Today, leaders from the Departments of Commerce, Defense, and Energy; and the National Science Foundation; and the Chief Executive Officer of the