Pentagon Awards Funding for Semiconductor Research Hubs Across U.S.
- The Biden administration awarded $238 million in grants through the Defense Department to establish semiconductor research hubs.
- The hubs will focus on developing new chips for areas like AI, 5G, quantum computing, and defense applications.
- The funding will go to research institutes, consortiums, and universities in multiple states.
- The aim is to support U.S. chip innovation and manufacturing capabilities.
- This is part of over $50 billion approved by Congress to strengthen domestic semiconductor industry.