Oregon Receives $15 Million in Federal Funding to Boost Semiconductor Industry
The funding could reach $160 million over 10 years if the consortium meets milestones, officials said.
- On Tuesday, the National Science Foundation awarded the Oregon-based Frontiers of Advanced Semiconductor Technology consortium $15 million to support a coalition of nearly 100 organizations aiming to expand the state's semiconductor industry.
- Oregon State University leads the statewide coalition, which addresses concerns that the state's 'Silicon Forest' industry risks losing global relevance without new investment, according to Business Oregon.
- Over the next 10 years, the coalition may eventually receive up to $160 million if they meet specific innovation and workforce development milestones, building on the initial $15 million award.
- Already employing 30,000 Oregonians, the semiconductor workforce is expected to grow, with U.S. Sen. Ron Wyden, D-Oregon, stating the initiative will create new high-paying jobs for the state.
- Alongside Taiwan and Korea, Oregon remains one of three global locations possessing advanced semiconductor design and manufacturing capabilities, according to FAST Interim CEO Rob Stone, positioning the state to lead future industry innovation.
14 Articles
14 Articles
Oregon receives $15 million in federal funding to boost semiconductor industry - The Mexico Ledger
Oregon State University leads Frontiers of Advanced Semiconductor Technology, or FAST, a consortium of nearly 100 tech companies, local governments and public education institutions aiming to grow the state's semiconductor industry. (Photo courtesy of Oregon State University)Oregon secured $15 million in federal funding to grow the state’s semiconductor industry, and it could receive up to $160 million over the next decade depending on its progr…
Columbia Gorge News
Oregon receives $15 million in federal funding to boost semiconductor industry
Oregon secured $15 million in federal funding to grow the state’s semiconductor industry, and it could receive up to $160 million over the next decade depending on its progress. The National Science Foundation announced Tuesday that Oregon’s coalition of nearly…
Oregon State, partners receive up to $160 million federal grant to build semiconductor industry
The grant will fuel a statewide partnership, led by Oregon State University, that aims to boost chip manufacturing, artificial intelligence research and the state’s semiconductor workforce.
Oregon receives $15 million in federal funding to boost semiconductor industry - Stateline Publications
Oregon State University leads Frontiers of Advanced Semiconductor Technology, or FAST, a consortium of nearly 100 tech companies, local governments and public education institutions aiming to grow the state's semiconductor industry. (Photo courtesy of Oregon State University)Oregon secured $15 million in federal funding to grow the state’s semiconductor industry, and it could receive up to $160 million over the next decade depending on its progr…
Coverage Details
Bias Distribution
- 86% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
