US to invest more than $5 billion in chip R&D

The US administration will invest more than $5 billion in chip research and development (R&D) activities, including the National Semiconductor Technology Center (NSTC), a public-private partnership.

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US to invest more than $5 billion in chip R&D

In a statement made by the White House, it was announced that billions of dollars are planned to be invested in semiconductor-related research, development and workforce needs within the scope of the goal of increasing R&D in the USA.

These investments will advance the country’s position in the field of semiconductor R&D, and will also contribute to strengthening US national security by reducing the time and cost of commercializing new technologies.

The statement pointed out that semiconductors invented in America form the backbone of the modern economy, but today the US produces less than 10 percent of the global supply and none of the most advanced chips can be produced in the country.

In the statement, which reported that at least $ 5 billion is planned to be invested in the NSTC, it was noted that the center will enable the US to be a pioneer in next-generation semiconductor technologies by supporting the design, prototyping and piloting of the latest technologies, enabling developers to benefit from shared facilities and expertise, and creating a skilled workforce in the sector.

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