Semiconductor Group Urges More Research Funding To Counter China

www.oann.com | 1/5/2018 | Staff
SAN FRANCISCO (Reuters) – A trade group for the semiconductor industry on Wednesday called on U.S. government leaders to boost funding for chip research and science education while easing limits on green cards in an effort to counter China’s investments in chip technology.

The Semiconductor Industry Association, which represents firms such as Intel Corp, Micron Technology Inc and Nvidia Corp, is asking U.S. officials to raise federal funding for chip research from a current $1.5 billion to $5 billion over the next five years and double funding for related fields such as materials science.

Group - Changes - Workers - Term - Immigrants

The group also wants changes to help it recruit skilled workers. In the short term, that means making it easier for skilled immigrants the industry needs from countries such as China and India to obtain permanent U.S. residency. And in the long term that means boosting education spending to double the number of American science and engineering graduates by 2029.

The two efforts are meant to play off one another, with increased research dollars for U.S. national labs, universities and companies creating more jobs for the new graduates, Sanjay Mehrotra, chief executive of Micron and current chair of the trade group, told Reuters.

Pipeline

“It helps feed the pipeline...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!