By Ovunc Kutlu
ISTANBUL (AA) - A research facility in upstate New York was selected Thursday as a flagship chip facility and will receive up to $825 million in funding as part of efforts by the US to increase semiconductor research and development (R&D).
The CHIPS for America Extreme Ultraviolet (EUV) Accelerator and a National Semiconductor Technology Center (NSTC) facility is expected to operate within NY CREATES’ Albany NanoTech Complex in Albany in the state of New York, the Commerce Department said in a statement.
"The EUV Accelerator will focus on advancing state of the art EUV technology and the R&D that relies on it," it added.
The project is part of President Joe Biden's Investing in America agenda, which included CHIPS for America that aims to address the growing need to increase the semiconductor supply chain, accelerate its R&D, and create quality jobs around the country.
The facility will bring together NSTC members from across the ecosystem to accelerate semiconductor R&D and innovation by providing NSTC members access to technologies, capabilities, and critical resources, according to the statement.
"With this first proposed flagship facility, CHIPS for America is providing access to cutting-edge research and tools to the NSTC and its launch represents a key milestone in ensuring the United States remains a global leader in innovation and semiconductor research and development," said Commerce Secretary Gina Raimondo.
"The research and development component of the CHIPS and Science Act is fundamental to our long-term national security and ensuring the U.S. remains the most technologically competitive place on earth," she added.