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☆ Biden Administration Announces $5 Billion Commitment for Research and Development of Computer Chips
  + stars: | 2024-02-09 | by ( Associated Press | Feb. | At A.M. | ) www.usnews.com   time to read: +1 min
WASHINGTON (AP) — The Biden administration on Friday will announce the investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips. That 2022 law aims to reinvigorate the computer chip sector within the United States through targeted government support. The center would help to fund the design and prototyping of new chips, in addition to training workers for the sector. Companies say they need a skilled workforce in order to capitalize on the separate $39 billion being provided by the government to fund new and expanded computer chip plants. Labor Department data say that about 375,000 people are employed in the production of computer chips with an average income of $82,830.
Persons: —, Biden, Gina Raimondo Organizations: WASHINGTON, National Semiconductor Technology, Companies, Labor Department, Industry, White Locations: United States
☆ US reports big interest in $52 billion semiconductor chips funding
  + stars: | 2023-08-09 | by ( David Shepardson | ) www.reuters.com   time to read: +3 min
Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. The chips law also includes a 25% investment tax credit for building chip plants, estimated to be worth $24 billion. The Commerce Department spent the last year building a team of more than 140 people and writing rules for accepting and assessing applications. The law also dedicates $11 billion for advanced semiconductor manufacturing research and development. The focal point will be the National Semiconductor Technology Center.
Persons: Florence Lo WASHINGTON, Joe Biden's, Biden, We're, Gina Raimondo, Pat Gelsinger, Raimondo, David Shepardson, Raju Gopalakrishnan Organizations: REUTERS, U.S . Commerce Department, Commerce Department, Intel, National Semiconductor Technology Center . Commerce, Commerce, Defense, Energy, National Science Foundation, Thomson Locations: Florence, America, U.S, China
☆ Biden aides tap Google chair for chips research effort, officials say
  + stars: | 2023-06-20 | by ( Trevor Hunnicutt | ) www.reuters.com   time to read: +2 min
WASHINGTON, June 20 (Reuters) - The Biden administration picked the chairman of Google parent Alphabet (GOOGL.O), John Hennessy, and four other technology industry experts to help with research-and-development of next generation computer chips, U.S. officials told Reuters. Hennessy and the selected individuals are set to be announced by the Commerce Department on Tuesday, according to the officials, who declined to be identified. They will be responsible for picking a board of trustees to run the National Semiconductor Technology Center. That public-private partnership was authorized to lead research on next-generation chips as part of last year's bipartisan $52.7 billion semiconductor manufacturing and research law, which also subsidizes new chip plants. The nonprofit board is expected make politically sensitive decisions, including where in the United States to locate the center's research facilities.
Persons: Biden, John Hennessy, Hennessy, Joe Biden, Janet Foutty, Jason Matheny, Don Rosenberg, Brenda Wilkerson, Trevor Hunnicutt, Cynthia Osterman Organizations: Google, Reuters, Commerce Department, National Semiconductor Technology, Stanford University, Deloitte, RAND Corp, Anzu Partners, Qualcomm, Thomson Locations: United States, China, Taiwan
☆ Biden administration taps Google chair for chips research effort
  + stars: | 2023-06-20 | by ( Trevor Hunnicutt | ) www.reuters.com   time to read: +2 min
WASHINGTON, June 20 (Reuters) - The Biden administration says it has picked the chairman of Google parent Alphabet Inc (GOOGL.O), John Hennessy, and four other technology industry experts to help with research and development of next-generation computer chips. They will be responsible for picking a board of trustees to run the National Semiconductor Technology Center. That public-private partnership was authorized to lead research on next-generation chips as part of last year's bipartisan $52.7 billion semiconductor manufacturing and research law, which also subsidizes new chip plants. The nonprofit board is expected make politically sensitive decisions, including where in the United States to locate the center's research facilities. "This selection committee is the next step to helping us stand up the NSTC and ensure it succeeds for generations."
Persons: Biden, John Hennessy, Hennessy, Joe Biden, Gina Raimondo, Janet Foutty, Jason Matheny, Don Rosenberg, Brenda Wilkerson, Trevor Hunnicutt, Cynthia Osterman Organizations: Google, Inc, Commerce Department, Reuters, National Semiconductor Technology, Stanford University, Deloitte, RAND Corp, Anzu Partners, Qualcomm, Thomson Locations: United States, China, Taiwan
☆ Factbox: Want billions to make US chips? Here is how to get them
  + stars: | 2023-02-28 | by ( ) www.reuters.com   time to read: +4 min
[1/3] CMOS chips, are shown at the manufacturing facility of VAS, an electronics manufacturer in San Diego, California April 14, 2009. Chip giant Intel Corp (INTC.O) moved ahead with the ground breaking of a $20 billion chip factory in Ohio after the chips bill passed. The CHIPS Program Office will give "strong preference" to projects that are largely funded with private capital. The department also said that the workers hired to build plants or chips should be able to join unions. The CHIPS Program Office will require any company given more than $150 million to return money if it makes more than they projected.
☆ U.S. will create at least two semiconductor manufacturing clusters by 2030, Commerce Secretary Gina Raimondo says
  + stars: | 2023-02-23 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +3 min
Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022. WASHINGTON — The U.S. will use funds from the $52 billion CHIPS and Science Act to create at least two large-scale logic fabs for the manufacture of semiconductors, along with multiple high-volume advanced packaging facilities, by 2030, Commerce Secretary Gina Raimondo announced Thursday. U.S.-based manufacturing plants, known as "fabs," will produce advanced memory chips "on economically competitive terms," Raimondo said. "This is fundamentally a national security issue," she said. The Commerce secretary reiterated the government's plans to invest $11 billion in what it calls a National Semiconductor Technology Center.
☆ U.S. wants at least 2 advanced computer chip centers built, Commerce chief says
  + stars: | 2023-02-23 | by ( Diane Bartz | Thomson Reuters | Focused On U.S. Antitrust As Well As Corporate Regulation | ) www.reuters.com   time to read: +2 min
WASHINGTON, Feb 23 (Reuters) - U.S. Commerce Secretary Gina Raimondo on Thursday said the government will encourage companies to build at least two advanced domestic computer chip factories employing thousands of union workers, as part of a $52.7 billion dollar initiative. The centers would also include a "robust supplier ecosystem," Raimondo said in a speech in Washington. "America needs to design and produce the world's most advanced chips right here in America," Raimondo said, adding that the United States leads in design but not manufacturing. Raimondo said the department planned to invest $11 billion in semiconductor research and development, including the creation of a public-private partnership she called the National Semiconductor Technology Center. The United States has some chip production, and signs of expansion despite a very tight labor market.
☆ U.S. chip industry body urges R&D infrastructure upgrade with Chips Act funds
  + stars: | 2022-10-27 | by ( Jane Lanhee Lee | ) www.reuters.com   time to read: +2 min
OAKLAND, Calif., Oct 27 (Reuters) - Funds from the recently passed $52 billion Chips and Science Act should be used to upgrade existing U.S. research and development infrastructure as well as building new facilities, a chips industry body said on Thursday. The Semiconductor Industry Association (SIA) on Thursday called for a careful examination of existing R&D infrastructure, including facilities such as the Albany NanoTech Complex in New York and other government and research spaces. In addition to tens of billions of dollars for building back U.S. chip manufacturing capacity, the Chips and Science act carved out $2 billion for the Defense Department and $11 billion for the Commerce Department to allocate for chip R&D. "In the semiconductor industry, that kind of money, especially when we're talking about efforts towards scale up, will be spent very, very quickly. Breckenfeld said the Defense Department funding would mainly go to existing programs, while the Commerce Department funding will be allocated through two new government entities - the National Semiconductor Technology Center (NSTC) and the National Advanced Packaging Manufacturing Program (NAPMP).
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