Commerce Dept. Outlines Plans to Fund Cutting-Edge Chip Research
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WASHINGTON - The Biden Administration announced plans to accelerate research on microchips that are needed to power computers and cars, as well as other devices. It said it would create a national organization, with offices in different parts of the United States.
Commerce Department, the department in charge of revitalizing the American chip industry under the Obama administration, announced that its new National Semiconductor Technology Center will bring together universities, companies and other stakeholders to work on the next generation chip technology. The organization will include a number of research centers whose locations have not yet been chosen. It aims to be operational before the end of the year.