The Biden administration is investing a minimum of $5 billion in the National Semiconductor Technology Center as part of its 2024 roadmap to bolster domestic chips research and development.
The White House hosted government officials and industry and academic experts to discuss its plan for NSTC, including creating a workforce center for excellence and free pre-membership community of interest, the Department of Commerce announced Friday.
NSTC is a public-private consortium founded by Commerce Secretary Gina Raimondo, Defense Secretary and Wash100 awardee Lloyd Austin and Energy Secretary Jennifer Granholm, along with National Science Foundation Director Sethuraman Panchanathan and National Center for the Advancement of Semiconductor Technology CEO Deirdre Hanford.
The latest investment will fund projects surrounding the design, prototyping and piloting of capabilities critical to semiconductor technologies. Part of the funding will be allocated to training and education programs and campaigns to develop skilled workforce in the chips industry.
The administration will also launch the NSTC Community of Interest where stakeholders can share their ideas on the center’s offerings and operational structure.