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RSS feed source: National Science Foundation

Today, the U.S. National Science Foundation Director Sethuraman Panchanathan gathered with leaders from the White House; the departments of Commerce, Defense and Energy; and the chief executive officer of the National Center for the Advancement of Semiconductor Technology (Natcast) at the White House to announce over $5 billion in investment in the “CHIPS and Science Act of 2022” research and development programs, including the National Semiconductor Technology Center (NSTC). The funding announcement included hundreds of millions of dollars of investment in the semiconductor workforce; along with specific funding announcements in other areas.

This announcement is a reflection of President Joe Biden’s commitment to American innovation and research and development. Secretary of Commerce Gina Raimonda, Secretary of Energy Jennifer Granholm, Deputy Secretary of Defense Kathleen Hicks, and Natcast CEO Deirdre Hanford at the White House to sign the agreement to formally establish the NSTC, the centerpiece of the CHIPS for America’s $11 billion R&D program. The Director of the Office of Science and Technology Policy Arati Prabhakar delivered the opening remarks at the ceremony, which was also livestreamed, followed by brief remarks from each of the principals, including Panchanathan.

“The NSTC is essential to how we speed cutting-edge research and development, strengthen the semiconductor workforce and ensure that our semiconductor industry can continue to support American innovation, national security, competitiveness, and economic growth,” said Panchanathan. “NSF looks forward to leveraging our respective

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