US to Launch $5 Billion Research Hub to Stay Ahead in Chip Race.

The Biden administration is investing over $5 billion into a semiconductor research consortium called the National Semiconductor Technology Center (NSTC), as part of the 2022 CHIPS and Science Act. This financial commitment will be used to support research and development in advanced computer chips, boosting US leadership in semiconductor R&D and creating a skilled, diverse workforce.

February 09, 2024
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