tldrdailynews.com logo

"White House Commits $5 Billion to Boost US Chip Research and Development"

1 min read
Source: NBC News
"White House Commits $5 Billion to Boost US Chip Research and Development"
Photo: NBC News
TL;DR

The Biden administration has announced a $5 billion investment in the National Semiconductor Technology Center to support research and development in advanced computer chips, aiming to reduce the overdependence on Taiwan and meet the increasing demand for innovative chips due to the rise of artificial intelligence. The center will fund chip design, prototyping, and worker training, while also supporting the $39 billion government funding for new chip plants, with a focus on creating a skilled workforce to meet the industry's growing needs.

Topics:businesstechnology#biden-administration#chips-and-science-act#computer-chips#national-semiconductor-technology-center#research-and-development#technology
Share this article
  1. Biden administration announces $5 billion commitment for research and development of computer chips  NBC News
  2. White House touts $11 billion US semiconductor R&D program  Reuters
  3. US to Launch $5 Billion Research Hub to Stay Ahead in Chip Race  Bloomberg
  4. White House investing $5 billion in chips: Here's what to know  CNBC
  5. Chip Industry Week In Review  SemiEngineering

Want the full story? Read the original reporting

Read on NBC News