Biden Administration's $5 Billion Announcement in Computer Chip Research and Development
The Biden administration announced its plan to allocate $5 billion towards a collaborative effort involving government and private enterprises for the advancement of computer chip research and development on Friday.
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This initiative aims to support President Joe Biden's ambition of driving research and development within the country, with the intent of reducing the time and expenses associated with bringing new technologies to the market.
Funded by the CHIPS and Science Act, the National Semiconductor Technology Center aims to boost the computer chip sector in the United States through substantial government support.
Recently, stakeholders in the chips industry convened on the White House premises to determine the center's research and worker training priorities. With the government's backing, the industry is expected to grow exponentially due to increased demand resulting from the pandemic's impact on the economy and national security, as well as the rise of artificial intelligence.
A new partnership has been formed between Historically Black Colleges and Universities (HBCUs) and the federal government officials to promote research and development in advanced computer chips and increase diversity in the semiconductor industry. This collaboration is seen as a way to leverage America's diversity, which is considered one of its greatest strengths.
The U.S. Secretary of Commerce, Gina Raimondo, spoke at the HBCU CHIPS Network event, emphasizing the importance of unity and diversity in order to surpass global competitors like China and Taiwan. Raimondo expressed her support and encouraged HBCU leaders to contribute to the semiconductor industry.
Over a dozen Historically Black Colleges and Universities (HBCUs) gathered in Washington, D.C., for a public kickoff event hosted by the HBCU CHIPS Network.
The event aimed to discuss the Biden administration's recently passed Chips and Science Act, which provides funding for the domestic production of semiconductors and authorizes various programs and activities of federal science agencies. With support from Georgia Tech University, the HBCU CHIPS Network organized the meeting at the headquarters of the Commerce Department, distinct from the commerce's CHIPS for America initiative. Willie E. May from Morgan State University highlighted the significance of chip production for America and emphasized the importance of including African Americans in this endeavor.
According to the United Negro College Fund and the Thurgood Marshall College Fund, Historically Black Colleges and Universities (HBCUs) play a significant role in the education of Black undergraduates, enrolling nearly 10% of them. These institutions also greatly contribute to the advancement of Black professionals in engineering and other scientific and technological fields.
In light of national security concerns, Tuskegee University Provost S. Keith Hargrove emphasized the importance of not relying solely on one country or company. Thus, he stressed the increased significance of fostering partnerships in the current context.