The U.S. Department of Commerce has announced a significant partnership with Natcast to operate the National Semiconductor Technology Center (NSTC). Under a long-term agreement, Natcast will receive up to $6.3 billion to manage the NSTC, as part of an effort to bolster U.S. leadership in semiconductor technology. This move aligns with the CHIPS and Science Act's vision and builds on a previously announced intent to invest over $5 billion in the center.

U.S. Secretary of Commerce Gina Raimondo emphasized the importance of this development, stating, "A robust research and development ecosystem is essential to ensuring the United States is a global leader in semiconductor innovation.” She further noted that this agreement would help close the gap between invention and commercialization, while also strengthening national and economic security.

Natcast CEO Deirdre Hanford highlighted the significance of this opportunity for securing America's global leadership in semiconductor technology. “We have already seen incredible engagement with the NSTC from across the semiconductor ecosystem, and momentum is growing,” Hanford said.

The funding will support various programs over 10 years, consistent with the NSTC Strategic Plan released in October 2024. These initiatives include research and development investments, workforce development, an investment fund, technical centers, and operation of CHIPS for America R&D facilities.

This announcement follows an earlier allocation by the CHIPS National Advanced Packaging Manufacturing Program (NAPMP), which awarded Natcast $1.1 billion for advanced packaging activities at NSTC facilities.

More than 100 members have joined NSTC since its membership program began in fall 2024. Information about membership opportunities can be found at natcast.org.

CHIPS for America aims to stimulate private sector investment and create jobs within the United States through its manufacturing incentives and R&D programs managed by NIST at the Department of Commerce.