As part of the Chips and Science Act, the US government and research centers announced investments and introduced the NSTC consortium.
The Departments of Commerce, Defense, and Energy, along with the National Science Foundation and the National Center for the Advancement of Semiconductor Technology (Natcast).
Together with representatives from the White House , they announced investments of $5 billion for the CHIPS research and development (R&D) program.
In addition, formally establish the public-private partnership for the National Semiconductor Technology Center (NSTC).
NEW: Our Administration is investing over $5
billion in semiconductor-related research, development, and workforce needs.
This new investment will advance US leadership in semiconductors while creating good-paying jobs across the country. pic.twitter.com/G3dHsdHSGx
— The White House (@WhiteHouse) February 9, 2024
Where, funding was included for the semiconductor workforce and specific funding for: packaging, metrology and the CHIPS Manufacturing USA Institute.
As part of President Joe Biden’s U.S. R&D and innovation efforts.
You may be interested in reading: Biden signs law to manufacture chips in the US
President Biden’s CHIPS and Science Act allocated $39 billion to the Department kuwait whatsapp number data of Commerce to fund domestic semiconductor manufacturing through incentives.
The allocation also included $11 billion to promote U.S. leadership in semiconductor research and development through four programs:
The NSTC,
National Program for Advanced Packaging Manufacturing,
CHIPS Metrology Program,
The CHIPS Manufacturing USA Institute
The importance of NSTC
The NSTC is the centerpiece of the $11 billion CHIPS for America R&D program.
The event will bring together government, industry, workers, customers, suppliers, educational institutions, entrepreneurs and investors to accelerate the pace of innovation in the sector.
As a public-private consortium, it will reduce barriers to participation in the first thing is to ruce semiconductor research and development.
In addition, creating a strong national ecosystem and directly addressing critical talent needs.
“Our priority is to cmo email list build a community that will help define the strategy and key investments for the semiconductor R&D ecosystem,” said Deirdre Hanford, CEO of Natcast.
