To create chips that researchers may utilize to create new nanotechnology and semiconductor devices, the US Commerce Department announced that it has established a joint research and development arrangement with Alphabet Inc.'s Google.
Google and the National Institute of Standards and Technology (NIST) of the Commerce Department inked the agreement. According to the department, SkyWater Technology, a manufacturer of semiconductors, will produce the chips at its semiconductor foundry in Bloomington, Minnesota.
According to the deal, Google will cover the first setup costs for the manufacturing and will provide funding for the initial production run. The chip's circuitry will be designed by NIST in collaboration with researchers from universities.
The Chips and Science Act of the Biden administration was just approved by Congress and became law. In reaction to supply-chain problems, it authorizes investment targeted at boosting domestic semiconductor manufacturing.
Since the legislation's passage, which authorized around $52 billion in government subsidies for US semiconductor production and research as well as a $24 billion investment tax credit for chip factories, several corporations have announced the construction of new semiconductor plants.