WASHINGTON, DC – JAN. 20: U.S. Commerce Secretary Gina Raimondo speaks during the United States Conference of Mayors 91st Winter Meeting in Washington, DC. (Photo by Drew Angerer/Getty Images)
DETROIT, MI – NOVEMBER 17: U.S. President Joe Biden speaks at the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan. (Photo by Nic Antaya/Getty Images).
WASHINGTON, DC – JAN. 20: U.S. Commerce Secretary Gina Raimondo speaks during the United States Conference of Mayors 91st Winter Meeting in Washington, DC. (Photo by Drew Angerer/Getty Images)
HSINCHU, TAIWAN – SEPTEMBER 16: Students are seen in the cleanroom suit going inside the clean room of Taiwan Semiconductor Research Institution during a press semiconductor tour at Hsinchu Science Park on September 16, 2022 in Hsinchu, Taiwan. (Photo by Annabelle Chih/Getty Images)
The type of semiconductor uses both optical and electrical signals to transmit information faster and is a key component in fiber-optic networks and high-performance computing facilities.
President Joe Biden holds a microchip as he speaks before signing an executive order on securing critical supply chains at the White House in Washington, D.C. on Feb. 24, 2021. (Photo by SAUL LOEB/AFP via Getty Images)
The agency has the authority to create up to three Manufacturing USA institutes, public-private partnerships intended to boost the domestic supply chain.
SAN FRANCISCO, CA – OCTOBER 20: Director of DARPA, Arati Prabhakar, (L) and coanchor of CNBCs Squawk Alley, Jon Fortt, speak onstage at Yerba Buena Center for the Arts on October 20, 2016 in San Francisco, California. (Photo by Mike Windle/Getty Images for Vanity Fair)
The first woman of color and immigrant to hold the position, she will advise on maintaining U.S. competitiveness in emerging technologies with investments in R&D.
WASHINGTON, DC – AUGUST 07: The exterior of the White House from the North Lawn on August 7, 2022 in Washington, DC. (Photo by Sarah Silbiger/Getty Images)
WASHINGTON, DC – AUGUST 07: The exterior of the White House from the North Lawn on August 7, 2022 in Washington, DC. (Photo by Sarah Silbiger/Getty Images)
The President’s Council of Advisors on Science and Technology say such a fund would boost innovation by supporting chip manufacturers during the most vulnerable stages of company…