US-based Lam Research Corp donates $29M software to upskill 2,800 Indian semiconductor students via MoU with ISM and IISc.

US-based Lam Research Corp will donate software worth Rs 241 crore ($29 million) to upskill 2,800 students in India's semiconductor industry. The company has signed an MoU with the India Semiconductor Mission (ISM) and Indian Institute of Science (IISc) for broad deployment of SemiVerse Solutions to develop India's semiconductor manufacturing workforce. This MoU follows a joint statement and fact sheet issued by the US and Indian governments in June 2023.