Overview
- Up to 10 workforce development projects will receive grants ranging from $500,000 to $2 million.
- The program is part of the $5 billion allocated for the National Semiconductor Technology Center.
- Estimates predict a shortfall of 90,000 technicians by 2030 if no action is taken.
- Over 50 community colleges have launched or expanded semiconductor-related programs since the CHIPS Act was signed.
- Major companies like Intel, TSMC, Samsung, and Micron have committed significant funds to workforce development.