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The U.S. Continues its Investment in Semiconductors

To support domestic semiconductor manufacturing, the U.S. passed the CHIPS and Science Act, a great start to revitalizing this neglected industry. Since its creation, the U.S. has seen over $200 billion in investments for U.S. semiconductor manufacturing. Under the law, the allocated $52.7 billion was split into several areas, with $39 billion in subsidies for semiconductor production and $11 billion in research and development. 

At the center of this new push for research and development is the National Semiconductor Technology Center (NSTC). The NSTC, in U.S. Commerce Secretary Gina Raimondo words, is “a public-private partnership for the government, industry customers, suppliers, academics, entrepreneurs, and venture capitalists to come together to innovate, connect, network, solve problems and allow Americans to compete and outcompete the world.”......READ MORE