Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy
See all Stories
E
Biden administration says it’s investing $5 billion in research to boost US semiconductor manufacturing.
The outlay is part of the CHIPS and Science Act signed in 2022. The CHIPS Manufacturing USA Institute will see investments of “at least $200 million” in experiments to lower the cost of US-based chip production and development.
And around $300 million will fund research into advanced substrate packaging, which can help improve performance, avoid shortages, and enable new uses for semiconductors, like chips that process data with light instead of electrons.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
