Overview

• The new institute will focus on developing and validating digital twins for the semiconductor industry, leveraging AI to reduce costs and speed innovation.
• Digital twin technology allows for virtual modeling of physical systems, improving design accuracy and efficiency before actual manufacturing.
• The initiative is part of the broader CHIPS and Science Act, reflecting a significant push to strengthen domestic chip production and reduce reliance on foreign supply chains.
• A series of webinars and meetings are scheduled in May 2024 to guide potential applicants through the funding process.
• The program is expected to foster collaboration across various sectors, including academia, industry, and government, to train the next generation of U.S. tech workforce.