U.S. will create at least two semiconductor manufacturing clusters by 2030, Commerce Secretary Gina Raimondo says
Commerce Secretary Gina Raimondo announced the Biden administration’s plans to invest CHIPS and Science Act funds into at least two semiconductor manufacturing clusters by 2030.The clusters will fuel a “robust supplier ecosystem” and research and development for semiconductors, Raimondo said. The announcement comes as the Commerce Department prepares to open applications to businesses for CHIPS funding next week.
