The Biden Administration is looking into funding opportunities
with the $280 billion CHIPS and Science Act, for companies involved in the research
and manufacturing of semiconductors and digital twins.
The digital twin technology is a relatively new research initiative
that simulates physical chips that mimic the real version, creating a visual
representation of how a chip is likely to react to a boost in power or a
different data configuration. The technology helps researchers test out new
processors before starting their manufacturing process.
The Biden administration thus wants to fund companies across the US working on digital twins for semiconductors. Emphasizing on the importance of the technology in a press release, Commerce Secretary Gina Raimondo added that the country needs to invest in the understanding of ability of digital twins and semiconductors.
As part of the funding, the Biden Administration wants to
invest in the operational activities, research, physical and digital facilities,
and workforce training of institutes creating digital twins. For this purpose, the
Administration will be holding meetings with interested companies this month,
according to its officials.
As part of the funding efforts, the Biden Administration also
aims to promote the manufacturing of new kinds of processers by semiconductor
companies in the US. Until now, companies like Intel and Micron are confirmed to
receive funding from the Administration via the CHIPS Act.
