Biden Administration Announces $285 Million in Funding for CHIPS Manufacturing Institute

The Biden-Harris Administration has announced a $285 million funding opportunity through the CHIPS for America Program to establish a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. Digital twins are virtual models mirroring physical counterparts, allowing collaborative design and process development, potentially speeding up innovation and reducing costs.

This initiative aims to propel U.S. semiconductor manufacturing forward by leveraging digital twin technology to enhance research, development, and production processes while fostering workforce training and collaboration. 5/6/2024