U.S. Senate Passes Innovation Act to Support U.S. Semiconductor Manufacturing Sector
$1,500.00
Authors: Alex Norton and Bob Sorensen
Publication Date: 6 2021
Length: 1 pages
The U.S. Senate passed the United States Innovation and Competition Act (USICA) on June 8th, a major step forward in providing support and financial investment in furthering the United States’ competitive capabilities in technology, including semiconductor capabilities. The USICA is bipartisan legislation intended to give federal funding to key science and technology areas, including STEM research, technology transfer, semiconductor research and manufacturing, as well as NASA research activities. The bill also seeks to establish a framework for agencies including the NSF and DOE to collaborate in these areas, to help ensure U.S. leadership in science and technology.