ADVERTISEMENT
Daily Expert News
No Result
View All Result
Wednesday, June 18, 2025
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
Daily Expert News
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
No Result
View All Result
Daily Expert News
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
Home Politics

Commerce Department Outlines Plans to Fund Pioneering Chip Research

by Nick Erickson
April 25, 2023
in Politics
Reading Time: 4 mins read
132 1
0
Commerce Department Outlines Plans to Fund Pioneering Chip Research
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


WASHINGTON — The Biden administration on Tuesday outlined plans to boost research into the type of advanced microchips needed to power computers, cars and other devices, saying it would create a new national organization with locations in different parts of the United States. United States.

The Department of Commerce, which is responsible for the government’s efforts to revitalize the U.S. chip industry, said the new National Semiconductor Technology Center would bring companies, universities and others together to collaborate on next-generation chip technology. The organization would include a series of research centers, the location of which has yet to be chosen, and aims to be operational by the end of this year.

The organization would help “regain America’s leadership in research and development and technologies of the future, and, more importantly, ensure that we stay there for decades to come,” Gina Raimondo, the Secretary of Commerce, said Monday in a briefing.

“It’s a place where industry and academia and startups and investors can come together to solve the biggest, biggest challenges and set priorities,” she added.

The plans are part of the Biden administration’s effort to revive semiconductor manufacturing and ensure the United States has a steady supply of chips needed to power its factories and support its national defense. to support. The Department of Commerce is tasked with doling out $50 billion to revitalize the industry, $11 billion of which is earmarked for research and development.

The technology center is expected to be central to that effort. Some sites would allow end-to-end production of new chip designs, while others would focus on experimenting with new materials and equipment, or new ways to assemble chips to make them more powerful, Ms. Raimondo said.

Laurie Giandomenico, the vice president and chief acceleration officer of MITER, a nonprofit that operates federally funded research centers, called the $11 billion investment by the United States “quite significant” given that the semiconductor industry has made about $70 billion in recent years. spent on research and development worldwide.

The challenge, she said, would be to ensure that the money was spent encouraging collaborative research to solve the industry’s biggest problems, and not the “silo innovation” now being carried out by chip makers who carefully protect their creations from competitors.

“It should be in areas that no company can solve alone,” she said.

Businesses, universities, legislators and local governments lobbied the administration to set up an outpost of the new organization in their areas. Senator Chuck Schumer, the Majority Leader and an author of the legislation that funded the semiconductor investment, said in a statement Tuesday that he was pushing for Albany, NY, to be a location for the new organization.

“Albany is poised to serve as a leading innovation center of the NSTC,” he said.

In the briefing, Ms. Raimondo stressed that the organization would be an independent “trusted” player, with board members appointed by a separate selection committee and strict controls for intellectual property protection.

One of the organization’s main goals, Ms. Raimondo said, would be to make it easier and cheaper for start-ups and other entrants to develop and commercialize new chip technologies.

“We want to cut the projected cost of moving a new chip from concept to commercialization in half in the next decade by half,” she said.

Chris Miller, the author of “Chip War,” which chronicles the industry’s development, said it was relatively easy for a researcher to develop a new idea for a chip in a lab. But given the high cost of manufacturing chips, researchers may find it difficult to get their inventions manufactured.

Analysts say designing an advanced chip, which could contain tens of billions of transistors, could cost hundreds of millions of dollars. The newest systems for defining the smallest circuits on wafers cost more than $100 million each, while the new factories called “fabs” that make advanced chips could cost $10 billion to $20 billion.

“The big factories are interested in producing 100 million chips for an iPhone, not 10 chips for an MIT professor,” Miller said.

Venture capitalists also often shy away from investing in chip start-ups because they require more initial funding than other types of technology companies and have more time to recoup that investment.

To address some of these issues, the government’s technology center will set up an investment fund to support start-ups and provide production facilities for small players to experiment with new technologies.

“I see a world where the US can actually revive this microelectronics industry because we can reduce the cost of starting a chip by a factor of five to a factor of 10,” said Gilman Louie, a technology investor. and CEO of a nonprofit investment organization called America’s Frontier Fund.

The center’s research priorities are expected to be refined in the coming months. But the Department of Commerce specified several areas it would focus on, including advancing the technology for analyzing the microscopic components of chips and setting technical standards for new types of chip packaging.

As progress slows in squeezing smaller and smaller transistors onto each piece of silicon, many companies are now breaking large products into smaller “chiplets” that are placed side by side or stacked on top of each other.

The Department of Commerce said setting new standards for these practices would pave the way for creating marketplaces for companies to assemble new products using chiplets from multiple suppliers.

Tags: chipCommerceDailyExpertNewsDepartmentfundoutlinesPioneeringplansresearch

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Video: Inside Trump's Shifting Attack on Iran
Politics

Video: Inside Trump's Shifting Attack on Iran

June 17, 2025
Video: Why California says that Trump's military deployment is illegal
Politics

Video: Why California says that Trump's military deployment is illegal

June 11, 2025
Video: A look at the performance against the LA protests
Politics

Video: A look at the performance against the LA protests

June 10, 2025
Video: Why the US brought back Kilmar Abrego Garcia
Politics

Video: Why the US brought back Kilmar Abrego Garcia

June 7, 2025
Video: How Trump speaks about anti -Semitism
Politics

Video: How Trump speaks about anti -Semitism

June 4, 2025
Video: How a health movement influences new mothers on social media
Politics

Video: How a health movement influences new mothers on social media

June 3, 2025
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
This optical illusion has a revelation about your brain and eyes

This optical illusion has a revelation about your brain and eyes

June 6, 2022
NDTV Coronavirus

Viral video: Chinese woman pinned down, Covid test carried out by force

May 5, 2022
NDTV News

TGIF Mood: Video of Bear Cub Dancing in the Forest Melts 2.5 Million Hearts

June 3, 2022
Hundreds In Sarees At UK

Hundreds of sarees at Britain’s Royal Ascot Horse Race to help Indian weavers

June 16, 2022
The shock of chopping up a Chanel bag

The shock of chopping up a Chanel bag

1
NDTV News

Watch: Researchers Discover the World’s Largest Factory in Australia

1
Skyrocketing global fuel prices threaten livelihoods and social stability

Skyrocketing global fuel prices threaten livelihoods and social stability

1
No Guns, No Dragons: Her Video Games Capture Private Moments

No Guns, No Dragons: Her Video Games Capture Private Moments

1
US Steel stops acting on the NYSE while the Japanese Nippon completes the acquisition

US Steel stops acting on the NYSE while the Japanese Nippon completes the acquisition

June 18, 2025
menu

Apple brings Journal App to more devices with iPados 26 and MacOS Tahoe | Mint

June 18, 2025
Minister Slams Slams Lakshadweep Administration for 'removing' Arabic, Mahal languages ​​from school curriculum

Second edition of Ust Trivandrum Marathon on October 12

June 18, 2025
menu

Nandini vs Amul Debate Reignites while Amul -Kiosks open on 10 Bengaluru metro stations; BJP Slams Cong | Explained Today News

June 18, 2025

Recent News

US Steel stops acting on the NYSE while the Japanese Nippon completes the acquisition

US Steel stops acting on the NYSE while the Japanese Nippon completes the acquisition

June 18, 2025
menu

Apple brings Journal App to more devices with iPados 26 and MacOS Tahoe | Mint

June 18, 2025

Categories

  • Africa
  • Americas
  • art-design
  • Arts
  • Arts & Culture
  • Asia Pacific
  • Astrology News
  • books
  • Books News
  • Business
  • Cricket
  • Cryptocurrency
  • Dance
  • Dining and Wine
  • Economy
  • Education & Career
  • Entertainment
  • Europe
  • Fashion
  • Food
  • Football
  • Gadget
  • Gaming
  • Golf
  • Health
  • Hot News
  • India
  • Indians Abroad
  • Lifestyle
  • Markets
  • Middle East
  • Most Shared
  • Motorsport
  • Movie
  • Music
  • New York
  • Opinion
  • Politics
  • press release
  • Real Estate
  • Review
  • Science & Space
  • Sports
  • Sunday Book Review
  • Tax News
  • Technology
  • Television
  • Tennis
  • Theater
  • Top Movie Reviews
  • Top Stories
  • Travel
  • Uncategorized
  • Web Series
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy

We bring you the Breaking News,Latest Stories,World News, Business News, Political News, Technology News, Science News, Entertainment News, Sports News, Opinion News and much more from all over the world

©Copyright DailyExpertNews 2023

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Contact Us
  • Home
  • Top Stories
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • India
  • Education & Career
  • Arts
  • Advertisement
  • Tax News
  • Markets

©Copyright DailyExpertNews 2023

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?