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Home»Worldwide»Biden Administration To Invest Over $5 Billion In Semiconductor R&D
Worldwide

Biden Administration To Invest Over $5 Billion In Semiconductor R&D

Omolemi EboisetaleBy Omolemi EboisetaleFebruary 9, 2024Updated:February 9, 2024No Comments1 Min Read
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The Biden administration has disclosed plans to infuse over $5 billion into semiconductor research and development (R&D), within the United States.

This substantial investment aims to fortify the nation’s semiconductor industry and tackle supply chain hurdles.

Initiatives like the National Semiconductor Technology Center will receive support, fostering innovation and enhancing domestic production capacities.





semiconductor R&D U.S
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