White House announces $5B to boost semiconductor manufacturing, development – UPI News
Feb. 9 (UPI) — The Biden administration announced $5 billion in new investments to expand semiconductor manufacturing and research, including funds to support workforce development and training opportunities in the emerging clean-energy economy.
The federal funds, provided through the CHIPS and Science Act, aim to establish the United States as a world leader in semiconductor manufacturing and technological innovation, while enhancing national security and creating jobs.
A large chunk of the funding will flow to the National Semiconductor Technology Center, which is working to boost U.S. innovation by supporting design, prototyping, and testing programs, while also helping to build a skilled and diverse workforce, the White House said.
The NSTC will support the creation of the Workforce Center of Excellence, which aims to connect job seekers with numerous new high-tech positions in the semiconductor industry.
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The government dollars will also go to research and development priorities in various industries that support semiconductors, aiming to reduce manufacturing costs, improve quality and performance, and support a wide range of semiconductor applications, the White House said.
As part of the effort, the Commerce Department plans to invest $200 million to create a unique institute for semiconductor manufacturing that will use digital simulations to replicate real-world processes, making chip development cheaper and faster.
The agency also announced a plan to invest up to $300 million in research and development for advanced packaging of semiconductor materials.
Previously, the Commerce Department awarded $100 million to 29 projects in the CHIPS Metrology program, which promotes toolmaking for microelectronics. These advancements will aid inventors and entrepreneurs in scaling innovations for new commercial products, the White House said.
The new funding builds on previous efforts by the administration to boost semiconductor manufacturing in the United States.
Under President Joe Biden, the government has invested billions to boost industries that produce components for a wide range of consumer and defense assets deemed critical to the future of U.S. manufacturing, including electric vehicles, smart devices, computers, internet routers, and medical devices.
The investments will also help advance Biden’s goal of “making semiconductors in America again and reducing reliance on global supply chains that led to price spikes and long wait lines during the pandemic,” the White House said previously.
Biden said the CHIPs legislation was serving to improve America’s standing on the world stage as the United States was still struggling to regain footing in semiconductors after investment in tech research and development fell to less than 1% of GDP since the mid-1960s.
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- Joe Biden
Feb. 9 (UPI) — The Biden administration announced $5 billion in new investments to expand semiconductor manufacturing and research, including funds to support workforce development and training opportunities in the emerging clean-energy economy.
The federal funds, provided through the CHIPS and Science Act, aim to establish the United States as a world leader in semiconductor manufacturing and technological innovation, while enhancing national security and creating jobs.
A large chunk of the funding will flow to the National Semiconductor Technology Center, which is working to boost U.S. innovation by supporting design, prototyping, and testing programs, while also helping to build a skilled and diverse workforce, the White House said.
The NSTC will support the creation of the Workforce Center of Excellence, which aims to connect job seekers with numerous new high-tech positions in the semiconductor industry.
Related
The government dollars will also go to research and development priorities in various industries that support semiconductors, aiming to reduce manufacturing costs, improve quality and performance, and support a wide range of semiconductor applications, the White House said.
As part of the effort, the Commerce Department plans to invest $200 million to create a unique institute for semiconductor manufacturing that will use digital simulations to replicate real-world processes, making chip development cheaper and faster.
The agency also announced a plan to invest up to $300 million in research and development for advanced packaging of semiconductor materials.
Previously, the Commerce Department awarded $100 million to 29 projects in the CHIPS Metrology program, which promotes toolmaking for microelectronics. These advancements will aid inventors and entrepreneurs in scaling innovations for new commercial products, the White House said.
The new funding builds on previous efforts by the administration to boost semiconductor manufacturing in the United States.
Under President Joe Biden, the government has invested billions to boost industries that produce components for a wide range of consumer and defense assets deemed critical to the future of U.S. manufacturing, including electric vehicles, smart devices, computers, internet routers, and medical devices.
The investments will also help advance Biden’s goal of “making semiconductors in America again and reducing reliance on global supply chains that led to price spikes and long wait lines during the pandemic,” the White House said previously.
Biden said the CHIPs legislation was serving to improve America’s standing on the world stage as the United States was still struggling to regain footing in semiconductors after investment in tech research and development fell to less than 1% of GDP since the mid-1960s.