Semiconductor Industry Seeks $3.4B a Year in Federal R&D Funding
The world “has come to rely more heavily on semiconductor-enabled technology to work, study, communicate, treat illness, and do innumerable other tasks remotely” during the pandemic, said an interim “decadal” report Thursday from the Semiconductor Industry Association and Semiconductor Research…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Corp. that seeks $3.4 billion in federal R&D funding annually. “The future holds boundless potential for semiconductor technology, with emerging applications such as artificial intelligence, quantum computing, and advanced wireless technologies like 5G and 6G promising incalculable benefits.” It requires addressing five “seismic shifts shaping the future of chip technology,” including smart sensing, memory and storage, communication, security and energy efficiency, said the report. The U.S. semiconductor industry invests about a fifth of its revenue yearly in R&D, second only to pharmaceuticals, it said. The final report is due in December