The CEO of Chandler-based Microchip says the new funding helps level the playing field for industry players looking to expand in the U.S. phoenix $MCHP
Arizona State University has beenaround this funding for more than a year, as it contributes both research and workforce to the semiconductor industry.
Crow said that more complex semiconductors will enable the creation technology that humans can scarcely fathom today, including things like advanced prosthetics or the ability to mine asteroids floating in outer space for scarce minerals.to tout the Biden Administration’s Bipartisan Infrastructure Law and the CHIPS Act, which included a visit to ASU’s campus.
Raimondo, as well as U.S. Senator Mark Kelly, Representative Tom O'Halleran, Phoenix mayor Kate Gallego and others, visited ASU to talk about how the CHIPS Act will impact the state. During the visit,Crow said that the university is applying for as many chips funding opportunities that it can, both on an individual research basis and as part of group applications.
One Arizona company that expects to benefit from the law is Chandler-based Microchip . Microchip is a major player in the analog and microcontroller part of the semiconductor industry, generating a recordMicrochip CEO Ganesh Moorthy said this new program, including tax credits on capital expenditures, makes building domestically much more appealing.
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