SIA Applauds CHIPS Award for Semiconductor Research Corporation’s SMART USA Institute
November 21, 2024 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending the announcement that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Commerce Department to provide SRC $285 million to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins.
With combined (federal and non-federal) funding totaling $1 billion, this investment will support a first-of-its-kind Manufacturing USA semiconductor digital twin institute that will develop digital innovation tools to accelerate domestic semiconductor design, manufacturing, advanced packaging, assembly, and test processes.
“The selection of SRC to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins marks a big step forward for U.S. semiconductor innovation and for America’s global technology leadership. SRC is a longtime SIA partner and has a demonstrated history of supporting transformational research across the semiconductor ecosystem. It has earned the trust of influential players in the research and industry communities.
“We applaud the Commerce Department and SRC for partnering on this critical initiative and have every confidence the new institute will make lasting and meaningful contributions to the advancement of U.S. chip production and innovation.”
The mission of SMART USA is to foster a collaborative ecosystem within the domestic semiconductor industry enabled by shared facilities; support industry-led solutions through funded research projects; accelerate technology towards commercialization through significant co-investment; and enable digital twin workforce training.
SMART USA will join an existing network of 17 institutes designed to increase U.S. manufacturing competitiveness and promote a robust R&D infrastructure.
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
Zhen Ding Drives AI-Powered Digital Transformation
09/12/2025 | Zhen DingDriven by the surging demand for computing power fueled by AI, the semiconductor and PCB industries are forging closer integration, expanding their ecosystems, and pursuing shared growth. PCB has already become another NT$ trillion-dollar industry in Taiwan, growing in tandem with the semiconductor sector.
Zhen Ding Expands PCB into Semiconductors at SEMICON Taiwan 2025; Advantech Drives AI Smart Parks
09/12/2025 | Zhen DingZhen Ding Technology Holding Co., Ltd., a global leader in the PCB industry, returned to exhibit at SEMICON Taiwan 2025. Positioning itself as an industry pioneer in "PCB expanding into semiconductors," the company showcased its latest strategic layout
SkyWater Completes Acquisition of Fab 25, Expanding U.S. Pure-Play Foundry Capacity for Critical Semiconductor Technologies
09/12/2025 | SkyWaterSkyWater Technology, the trusted technology realization partner, announced that it has completed its acquisition of Infineon Technologies AG’s 200 mm semiconductor fab in Austin, Texas (“Fab 25”)
Secure Semiconductor Manufacturing Acquires Full SMT Line from Manncorp
09/11/2025 | ManncorpSecure Semiconductor Manufacturing, LLC (SSM), an American-owned company dedicated to producing secure printed wiring boards and advanced assembly solutions in the MidWest USA, today announced the acquisition of a complete surface mount technology (SMT) line from Manncorp.
MEMS & Imaging Sensors Summit to Spotlight Sensing Revolution for Europe’s Leadership
09/11/2025 | SEMIIndustry experts will gather November 19-20 at the SEMI MEMS & Imaging Sensors Summit 2025 to explore the latest breakthroughs in AI-driven MEMS and imaging optimization, AR/VR technologies, and advanced sensor solutions for critical defence applications.