Tuesday, November 19, 2024, 9:00 p.m.
By the Semiconductor Industry Association
WASHINGTON—November 19, 2024—The Semiconductor Industry Association (SIA) today applauds the announcement that the U.S. Department of Commerce and semiconductor research company Manufacturing Consortium Corporation (SRC) have entered into negotiations with the Department of Commerce. SIA Chairman and CEO John Neufer issued the following statement: Provides $285 million to SRC to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins.
This investment represents a first-of-its-kind project with $1 billion in combined funding (federal and non-federal) to develop digital innovation tools to accelerate domestic semiconductor design, manufacturing, advanced packaging, and assembly. will support the first Manufacturing USA Semiconductor Digital Twin Institute. , and testing process.
“The selection of SRC to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins is a major step forward for U.S. semiconductor innovation and U.S. global technology leadership. We have a proven track record of supporting innovative research across the semiconductor ecosystem and are trusted by influential stakeholders in the research and industry communities.
“We applaud the Department of Commerce and SRC for partnering on this important effort and are confident that the new lab will make a lasting and meaningful contribution to advancing U.S. chip production and innovation. ”
SMART USA’s mission is to foster a collaborative ecosystem within the domestic semiconductor industry enabled by shared facilities. Supporting industry-led solutions through funded research projects. Accelerate the technology towards commercialization through significant co-investments. Enabling digital twin employee training.
SMART USA will join an existing network of 17 research institutes aimed at increasing the competitiveness of U.S. manufacturing and promoting a robust research and development infrastructure.
# # #
About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a critical driver of America’s economic strength, national security, and global competitiveness. SIA accounts for 99% of the U.S. semiconductor industry by revenue and almost two-thirds of non-U.S. semiconductor companies. Through this collaboration, SIA works with Congress, governments, and key industry stakeholders around the world to promote semiconductor manufacturing, promote policies that foster innovation, advance business, and foster global competition. We aim to strengthen design and research leadership. For more information, please visit www.semiconductors.org.
