Spate of leadership appointments spurs start of work to boost technology competitiveness
The administration of US president Joe Biden has begun implementing the Chips and Science Act, creating a strategy to distribute $50 billion to boost the US semiconductor industry and creating new leadership positions to drive decision-making.
Signed off by Biden last month, the act is intended to boost US technology competitiveness, including by providing R&D funding to federal agencies such as the National Science Foundation.
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