Pentagon Invests $238M in CHIPS and Science Act to Boost US Chip Industry

Deputy Secretary of Defense Kathleen Hicks has announced the award of $238 million in funding for the establishment of eight Microelectronics Commons regional innovation hubs. These hubs, funded under President Biden's CHIPS and Science Act, aim to accelerate the development and production of microelectronics in the United States. Over 360 organizations from over 30 states will participate in the program, focusing on critical technology areas such as secure edge computing, 5G/6G, AI hardware, quantum technology, electromagnetic warfare, and commercial leap ahead technologies. The hubs will help mitigate supply chain risks and expedite access to cutting-edge microchips for the military.