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As the first funding announcement as part of the CHIPS and Science Act, the U.S. Department of Commerce has announced approximately $35 million in initial funding for BAE Systems to modernize the Microelectronics Center in Nashua, N.H.
To meet CHIPS Act goals and as a resource for semiconductor plants, ARISTA has created a Longevity Task Force, focused on increasing the longevity of wafer fabrication tools to optimize production and increase productivity.
Leaders from industry, government and academia convened at a summit on April 18 in Washington, D.C., to forge national solutions at scale to address the future of U.S. innovation in microelectronics and the semiconductor workforce.
Passage of the CHIPS for America Act, now signed into law by President Joe Biden, will provide more than $52 billion to invest in domestic U.S. chip manufacturing and research.