US Launches Program to Address Labor Shortage in Semiconductor Industry

Reported 12 months ago

The Biden administration initiates a program to bolster the US computer chip workforce and prevent a labor shortage that could impact domestic semiconductor production. The program, part of the $5 billion federal funding for the National Semiconductor Technology Center, aims to support workforce development projects with grants ranging from $500,000 to $2 million. This initiative, funded by the 2022 Chips and Science Act, which allocated $39 billion for US chipmaking and $11 billion for semiconductor research, highlights the need for investing in labor to secure the growth of the semiconductor industry in the US.

Source: YAHOO

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