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Published 3 months ago

Biden administration announces $5 billion commitment for research and development of computer chips

  • The Biden administration will invest $5 billion in a public-private consortium to support research on advanced computer chips.
  • The National Semiconductor Technology Center, funded through the CHIPS and Science Act, will help fund chip design, prototyping, and worker training.
  • Industry leaders and stakeholders will gather at the White House for the announcement.
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