U.S. chip industry body urges R&D infrastructure upgrade with Chips Act funds


FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo

OAKLAND, Calif. (Reuters) - Funds from the recently passed $52 billion Chips and Science Act should be used to upgrade existing U.S. research and development infrastructure as well as building new facilities, a chips industry body said on Thursday.

The Semiconductor Industry Association (SIA) on Thursday called for a careful examination of existing R&D infrastructure, including facilities such as the Albany NanoTech Complex in New York and other government and research spaces.

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