Tech

US Chip Subsidy Will Support Design Activities-US Trade Official

FILE PHOTO: An Intel Tiger Lake chip is on display at an Intel press conference during CES 2020 in Las Vegas
An Intel Tiger Lake chip is on display at an Intel press conference during CES 2020 in Las Vegas, Nevada, US January 6, 2020. REUTERS / Steve Marcus / File Photo

December 10, 2021

By Stephen Nellis

(CNN) – A $52 ​​billion bill to boost the US semiconductor industry would include funding for chip design activities, a US commerce department official told Reuters. concerned that the fund will mainly support production.

The CHIPS Act, passed by the Senate as part of a larger funding package in June, is intended to reverse a long-standing trend in which much of chip manufacturing capacity has moved to Taiwan, South Korea and other regions. other regions of Asia. Chip industry advocates had hoped the bill would become law this year, although US Commerce Secretary Gina Raimondo said this week the bill could slide until 2022.

Once approved, the next stage will be monetization, an effort likely to be spearheaded by the Commerce Department. Intel Corp., America’s largest chipmaker, has been actively lobbying for potential funding.

But most of the largest remaining US chipmakers, such as Qualcomm Inc, Advanced Micro Devices and Nvidia Corp, focus their efforts on design and rely on partners for manufacturing.

Some of those companies have expressed frustration with government officials that the legislation focuses on manufacturing rather than design, where rivals like China are also trying to gain an edge over the United States. as well as them in the manufacturing sector.

Deputy Commerce Secretary Don Graves told Reuters the department views the design as an essential part of building a stronger chip sector and plans to support it.

“You can’t separate the design side, the innovation side, the research side, the manufacturing side,” said Graves as he traveled through Silicon Valley to talk to industry officials. “Once the CHIPS Act is passed, we will be very focused on investing to ensure that part of the ecosystem gets the investment and support it needs.”

(Reporting by Stephen Nellis in San Francisco; editing by Richard Pullin)

https://www.oann.com/u-s-chip-subsidies-will-support-design-activities-u-s-commerce-official/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-chip-subsidies-will-support-design-activities-u-s-commerce-official US Chip Subsidy Will Support Design Activities-US Trade Official

Caroline Bleakley

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