Washington: In a significant move aimed at bolstering its semiconductor industry, the Joe Biden-Kamala Harris administration has announced a landmark investment of over $5 billion in semiconductor-related research, development, and workforce initiatives.
The infusion of funds will be directed towards the National Semiconductor Technology Center (NSTC), tasked with spearheading research and development efforts in line with President Biden’s strategic vision for advancing semiconductor innovation within the United States.
A statement released by the White House late on Friday outlined the pivotal role of the NSTC in propelling the nation to the forefront of next-generation semiconductor technologies. The center will facilitate the design, prototyping, and testing of cutting-edge semiconductor technologies, thereby cementing America’s leadership in this critical sector.
Moreover, the NSTC will serve as a collaborative platform, fostering partnerships and knowledge-sharing to ensure that innovators have access to essential resources and expertise. Additionally, it will play a pivotal role in nurturing a skilled and diverse semiconductor workforce, crucial for sustaining America’s competitive edge in the global semiconductor landscape.
Aligned with the objectives of the CHIPS and Science Act, these investments are poised to elevate US leadership in semiconductor research and development, streamline the commercialization process for new technologies, fortify national security interests, and foster job creation within the semiconductor industry.
Presently, the United States accounts for less than 10 percent of the global semiconductor supply, with none of the most advanced chips being domestically produced. The CHIPS and Science Act aims to rectify this disparity through historic investments in semiconductor manufacturing, research, development, and workforce initiatives.
Key components of the CHIPS R&D program include a total funding allocation of $11 billion to advance programs such as the NSTC, the National Advanced Packaging Manufacturing Program (NAPMP), the CHIPS Metrology Program, and the CHIPS Manufacturing USA Institute.
In sum, the NSTC stands as a pivotal initiative poised to galvanize collaborative efforts across government, industry, academia, and other stakeholders, accelerating innovation, fostering inclusivity in semiconductor R&D, and nurturing a skilled workforce essential for driving the future of semiconductor technology in the United States