Congress passed the CHIPS and Science Act, a $280 billion package that includes $52 billion in funding available to companies that manufacture semiconductor chips stateside.
of the legislation noting that companies in line to receive money had previously sent jobs overseas, a concern that persists in the final version.
“There are still questions about how the money will get dispersed,” Miller says. “We need to be sure to spend it in ways that move the needle and are not necessarily aligned with lobbying.” The US needs to not only shore up its manufacturing capacity but also gain an edge in the most advanced techniques, says, a professor at MIT who studies advanced semiconductor designs. “That requires investment in R&D and accelerating the flow of new technologies from the university labs,” he says.
This will leave leading chipmakers such as Intel, a company that has made numerous missteps in recent years, with critical decisions to make around which technologies to invest in. For example, a technology known as advanced packaging, which refers to a way of bolting together different types of chips, promises to create new possibilities for chipmakers.
It’s important, Del Alamo says, for chips to remain a focus of the government beyond this funding. “In this game, the winner takes all,” says MIT’s Del Alamo. “Whoever comes out with the next most-advanced technology first takes a disproportionate amount of the profits, and that company can then invest a lot of money in R&D to keep on the leading edge.”
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