Biden Admin Allocates $285M from CHIPS Act for Semiconductor Digital Twins

May 6, 2024, 10:01 AM

The Biden administration has announced plans to allocate $285 million in funding from the CHIPS Act to support the development of digital twin technology in the semiconductor industry. This initiative, detailed in a Notice of Funding Opportunity, aims to enhance semiconductor manufacturing capabilities through the establishment of a CHIPS Manufacturing USA institute focused on digital twins. The funding opportunity is open for applications from eligible entities looking to contribute to this technological advancement, as reported by @anthonyha / TechCrunch.