January 17, 2025 — In a move to solidify American leadership in semiconductor technology, the U.S. Department of Commerce announced a long-term agreement with Natcast to operate the National Semiconductor Technology Center (NSTC).
Valued at up to $6.3 billion over 10 years, this award signifies a significant investment in the future of U.S. chip innovation.
The NSTC, envisioned as a cornerstone for future breakthroughs in chip technology, will be tasked with reducing prototyping time and costs, and fostering a robust semiconductor workforce. This aligns with the goals set forth in the CHIPS and Science Act.
"A thriving research and development ecosystem is vital to maintaining U.S. leadership in semiconductor innovation," declared Gina Raimondo, U.S. Secretary of Commerce. "The NSTC serves as the foundation for the next wave of advancements, and this partnership with Natcast will bridge the gap between invention and commercialization."
Deirdre Hanford, Natcast CEO, expressed her enthusiasm about the collaboration: "The NSTC presents a unique opportunity to solidify America's competitive edge in chip technology. We've already witnessed tremendous engagement from the industry, and this investment will propel us forward."
The funding will empower Natcast to invest in various initiatives, including research and development, workforce development, an investment fund, and technical centers. Additionally, Natcast will operate the CHIPS for America R&D flagship facilities on behalf of the NSTC.
This announcement builds upon a previous $1.1 billion award granted to Natcast for advanced packaging activities at the CHIPS for America NSTC Prototyping and NAPMP Advanced Packaging Piloting Facility (PPF).
With a membership program launched in late 2024, the NSTC has already attracted over 100 members.
This substantial investment in the NSTC underscores the U.S. government's commitment to propelling domestic chip production and innovation, ensuring long-term economic competitiveness and national security.
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