Press Release
☷Department of State and Arizona State University Announce New ITSI Initiative United States Department of State
U.S. Department of State ( By Press Release office)
Feb 21,2024
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This week , Arizona State University received a $13 . 8 million grant from the U . S . Department of State to enhance semiconductor manufacturing capabilities in partner countries . This initiative , part of the CHIPS Act of 2022 , aims to strengthen supply chains and workforce skills in the Americas and Indo - Pacific regions . President Biden signed the CHIPS Act to support domestic semiconductor research and manufacturing , with the ITSI Fund providing funding for global initiatives to improve supply chain security . Learn more about the ITSI Fund at the U . S . Department of State International Technology Security and Innovation Fund .
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