why is this important
New headquarters facility intention It lowers barriers to semiconductor prototyping, experimentation, and other research and development activities, supporting America’s global strength and leadership in design, materials, and process innovation while enabling a vibrant domestic industry. DCF is expected to raise more than $1 billion in research funding and create more than 200 direct jobs over the next 10 years, leveraging California’s world-class talent and world-class research and education facilities across the Golden State. are. California’s leadership in the semiconductor industry is recognized by the Governor’sBuilding a more, faster infrastructure agenda.
“We are thrilled that the Department of Commerce and NatCast have chosen to locate this vital facility in Sunnyvale, in the heart of Silicon Valley, home to the world’s largest concentration of semiconductor business, talent, intellectual property, and investment activity. I am.” said Dee Dee Myers, Senior Economic Advisor to Governor Newsom and Director of the Governor’s Office of Business and Economic Development (GO-Biz). “The Newsom Administration and our partners across industry understand how important it is to shorten the time from research and development to commercialization. We look forward to a productive partnership with the Department of Commerce and NatCast to ensure our continued success.”