Commerce Secretary Howard Lutnick announced Monday that the National Institute of Standards and Technology (NIST) will now operate the National Semiconductor Technology Center (NSTC), replacing the National Center for the Advancement of Semiconductor Technology (Natcast), a nonprofit created during the Biden administration. Lutnick said the CHIPS Act authorized $11 billion in federal semiconductor research funding […]
Source: Commerce Dept. Voids $7.4B Biden-Era Semiconductor Deal