We've lived hand-to-mouth for so long any effort to smooth the Valley of Death would be most welcome...Is it fair to include The IBM Campus, whatever they are calling it today is a Critical Hub?

Breckenfeld said the Defense Department funding would mainly go to existing programs, while the Commerce Department funding will be allocated through two new government entities - the National Semiconductor Technology Center (NSTC) and the National Advanced Packaging Manufacturing Program (NAPMP).

The goal of the Chips Act R&D funding would be to fill a gap in the so-called "valley of death" between early stage research and mature commercial technologies, which are both well funded in the U.S., he said.

While the Commerce Department hasn't given a detailed road map of how the NSTC and NAPMP would be governed, Breckenfeld said there will likely be several technology hubs in different regions specializing in different parts of semiconductor technologies, such as materials or packaging.

https://www.msn.com/en-ca/money/topstories/us-chip-industry-body-urges-r-26d-infrastructure-upgrade-with-chips-act-funds/ar-AA13qszY