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).