Raimondo: CHIPS positions U.S. 'to lead the world in semiconductor research'

P20220121as 0525 51915926661
President Joe Biden looks on as Commerce Secretary Gina Raimondo delivers remarks at an announcement with Intel on semiconductor manufacturing in the U.S. | Adam Schultz, official White House photo/Wikimedia Commons

Raimondo: CHIPS positions U.S. 'to lead the world in semiconductor research'

ORGANIZATIONS IN THIS STORY

The U.S. Department of Commerce announced 24 members have been appointed to its Industrial Advisory Committee, which will provide guidance in support of CHIPS for America.

The IAC will offer guidance relating to domestic semiconductor research and development, but it will not participate in selecting who gets financial assistance, including in the manufacturing incentives program, according to a Sept. 29 news release.

“CHIPS for America is a once-in-a-generation investment that will position the United States to lead the world in semiconductor research, manufacturing, design, entrepreneurship and innovation for decades to come,” Secretary of Commerce Gina Raimondo said in the release.

Congress formed the IAC in the William M. (Mac) Thornberry National Defense Authorization Act of 2021, and the members appointed to the committee are its first members, the release reported. The group will make recommendations on strategy for microelectronics research and what the domestic microelectronics industry needs in terms of science and technology.

To utilize the support by CHIPS for America, the IAC will offer guidance on what research and development and other initiatives are needed, as well as potential new public-private partnerships, according to the release.

Mike Splinter, a former CEO of Applied Materials, serves as chair, and Susan Feindt, a fellow and executive of Analog Devices, will serve as vice-chair, the release said. The group is made up of experts from different fields related to microelectronics, including academia, the semiconductor industry, government laboratories and other sectors.

ORGANIZATIONS IN THIS STORY

More News