The United States has signed an agreement to establish the National Semiconductor Technology Center (NSTC), a pivotal initiative within the CHIPS program, aiming to bolster semiconductor research and development (R&D) with an anticipated investment exceeding $5 billion. Led by Natcast, a dedicated non-profit entity, the NSTC endeavors to foster collaboration among various stakeholders, including government, industry, academia, entrepreneurs, and investors, to solidify US leadership in semiconductor innovation.
Through the NSTC, the US seeks to lower barriers to participation in semiconductor R&D, thereby cultivating a more dynamic national ecosystem and addressing critical needs for a skilled and diverse semiconductor workforce. With a focus on promoting semiconductor manufacturing within the US, the CHIPS for America initiative, spearheaded by President Biden’s administration, aims to create long-lasting opportunities for job growth and economic prosperity while fortifying national security interests.
The NSTC’s establishment is part of a broader effort to revitalize semiconductor manufacturing in the US, facilitated by the CHIPS and Science Act, which allocates $39 billion in funding to the Department of Commerce. This funding supports various programs aimed at advancing US leadership in semiconductor R&D, including the NSTC, the National Advanced Packing Manufacturing Program, the CHIPS Metrology Program, and the CHIPS Manufacturing USA Institute.
With the launch of the NSTC, the US semiconductor industry is poised for significant growth and innovation, driven by collaborative efforts across government, industry, academia, and other stakeholders. By harnessing the collective expertise and resources of its members, the NSTC aims to serve as a catalyst for innovation, driving technological advancements and bolstering the nation’s competitiveness in the global semiconductor market.
- Biden-Harris Administration Launches Next Phase for Over $5 Billion in CHIPS R&D Investments, Including the National Semiconductor Technology Center (NSTC)