U.S. chip industry body urges R&D infrastructure upgrade with Chips Act funds

OAKLAND: Funds from the recently passed $52 billion Chips and Science Act should be used to upgrade existing U.S. research and development infrastructure as well as building new facilities, a chips industry body said on Thursday.

The Semiconductor Industry Association (SIA) on Thursday called for a careful examination of existing R&D infrastructure, including facilities such as the Albany NanoTech Complex in New York and other government and research spaces.