<p>➀ The U.S. Department of Commerce and Semiconductor Research Corporation (SRC) are negotiating a plan to provide $285 million in subsidies to SRC under the CHIPS and Science Act to support the establishment and operation of the U.S. Manufacturing Institute located in Durham, North Carolina.</p><p>➁ The investment total of SRC is $1 billion, which will support the establishment of the first U.S. chip manufacturing research institute, SMART USA (Semiconductor Manufacturing and Advanced Research with Twins USA), focusing on the development, verification, and use of digital twins to improve U.S. domestic semiconductor design, manufacturing, advanced packaging, assembly, and testing processes.</p><p>➂ SMART USA will join an existing network of 17 research institutes to enhance U.S. manufacturing competitiveness and promote strong research and development infrastructure.</p>