{"id":52832,"date":"2024-11-14T14:46:44","date_gmt":"2024-11-14T14:46:44","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=52832"},"modified":"2024-11-14T14:46:44","modified_gmt":"2024-11-14T14:46:44","slug":"160m-funding-to-boost-us-semiconductor-manufacturing","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/160m-funding-to-boost-us-semiconductor-manufacturing\/52832\/","title":{"rendered":"$160m funding to boost US semiconductor manufacturing"},"content":{"rendered":"
This funding, part of the bipartisan CHIPS and Science Act<\/a>, supports the Microelectronics Commons, a network of eight technology hubs dedicated to advancing the nation’s semiconductor production capabilities.<\/p>\n This latest allocation follows earlier CHIPS Act investments, totalling nearly $269m in September<\/a> and nearly $240m the previous year<\/a>, to strengthen the United States’ global semiconductor leadership.<\/p>\n Of the latest $160m, $148m will be directed toward Microelectronics Commons Hubs to support infrastructure, operations, and workforce development.<\/p>\n This investment, distributed across the eight established hubs, targets regional semiconductor innovation and workforce readiness.<\/p>\n Each hub collaborates with local universities, research foundations, and industry leaders to address key challenges in the US semiconductor manufacturing industry.<\/p>\n Here’s a closer look at the funding distribution:<\/p>\n An additional $10m will fund a Cross-Hub Enablement Solution (CHES) to facilitate shared access to Electronic Design Automation (EDA) tools and cloud computing resources across all hubs.<\/p>\n The Microelectronics Commons network convened its annual meeting in Washington, DC, from October 28\u201330, gathering over 2,000 participants to discuss advancements in semiconductor manufacturing and technology.<\/p>\n Deputy Secretary of Defense Kathleen Hicks emphasized the unity and strategic importance of semiconductor production, stating, “Chips bring America together.”<\/p>\n During the symposium, each hub presented progress updates, highlighting key projects, workforce training initiatives, and the importance of “lab-to-fab” pathways\u2014efforts to expedite research to manufacturing.<\/p>\n This cross-industry collaboration is crucial to ensuring a robust semiconductor supply chain that supports national security.<\/p>\n As the US semiconductor manufacturing sector continues to expand through the CHIPS and Science Act, industry stakeholders are optimistic about the potential to secure America’s position as a global leader in advanced microelectronics.<\/p>\n This ongoing investment in the Microelectronics Commons strengthens the path toward a resilient and self-sufficient semiconductor industry.<\/p>\n","protected":false},"excerpt":{"rendered":" The United States Department of Defense has announced a new $160m investment to bolster US semiconductor manufacturing.<\/p>\n","protected":false},"author":15,"featured_media":52833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[830],"tags":[24128,24208],"acf":[],"yoast_head":"\nStrengthening US semiconductor manufacturing: The role of the hubs<\/h3>\n
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National collaboration in focus at the 2024 symposium<\/h3>\n
Sustaining US leadership in semiconductor innovation<\/h3>\n