Biden announces $5 billion for semiconductor research center

The White House plans to launch a research center for developing chips and semiconductors with $5 billion in funding, the latest in a series of efforts meant to help the United States maintain an edge in critical technologies over China.

The Biden administration announced on Friday that it’s establishing the National Semiconductor Technology Center, part of the CHIPS and Science Act, which authorized hundreds of billions of dollars to subsidize factories for building chips domestically. The research is part of a larger endeavor to ensure that China and its military are not on the same level as the U.S. in chips and research.

“They’re investing quite a few dollars on chip design and chip manufacturing in China right now, as our main competitor,” Commerce Undersecretary for Standards and Technology Laurie Locascio told Bloomberg. “We
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