Semiconductor Manufacturing Fund US | Knowledge of Data Center | So Good News
The pace to boost semiconductor production continues as the U.S. announced a senior adviser to oversee a $52.7 billion semiconductor fund. The fund is part of the recently signed. CHIPS and the Law of Science It aims to promote domestic semiconductor research and development.
A promising team
Economist Ronnie Chatterji from the Department of Commerce will be in charge. White House Coordinator for CHIPS Implementation National Economic Council (NEC) Chatterji’s role will ensure that funds are spent responsibly and help coordinate a unified approach to implementing the Action’s priorities.
Fiscal Michael Schmidt, who previously served as the New York State Department of Taxation and Finance Commissioner, will serve as director of the CHIPS Program Office at Commerce.
The CHIPS Act includes $11 billion. Research expenses Eric Linn will serve as interim director of the CHIPS Office of Research and Development. Todd Fisher has been named interim senior advisor in the CHIPS Program Office.
Commerce Secretary Gina Raimondo said the expected 50-member group is “essential to strengthening our supply chains, spurring historic investments in research, strengthening our national security and creating good-paying jobs for Americans.”
Good news for the US Data Center Semiconductor industry
Central to the act’s priorities are making the United States more competitive with China and easing ongoing shortages of chips for an essential technology found in everything from automobiles to home appliances to defense systems. There were also data center businesses. It was hit by a shortage of semiconductors. A strengthening domestic supply chain is good news for the industry.
“Semiconductors have become an integral part of our daily lives and their development is a strategic and economic priority for many countries,” said Manoj Sukumaran, Data Center IT at Omdia. “In the current geopolitical situation, The development of semiconductor technology and the concentration of manufacturing in one part of the world is not an ideal situation. without doubt There is a need for geographic balance in technology development and manufacturing of semiconductors. The CHIPS Act addresses this geographic concentration problem.”
Todd Tucker, a think tank at the Roosevelt Institute, is director of industrial policy and trade. Stated as law. “The largest effort in American history. To restore the offshore industry.”
“With the CHIPS Act, the first and most important part is complete and now the ball is in the ball for companies to leverage the CapEx incentives provided by the government and build capacity,” Sukumaran said. “The challenge is to make manufacturing costs competitive; Especially in advanced processes where most of the money will be invested. In order to create a competitive advantage, companies like Intel will have to master 5nm process nodes, and this is not an easy task. Having said that, I don’t think the government’s implementation team will have a really tough job. There are only a few selected companies in this domain and the implementation team has to allocate funds like any other government scheme.”