❶ The US government has announced the first recipients of the CHIPS and Science Act funding, awarding $300 million to three R&D facilities. ❷ These facilities include an NSTC Prototyping and NAPMP Advanced Packaging Piloting Facility, an NSTC Administrative and Design Facility, and an NSTC Extreme Ultraviolet (EUV) Center. ❸ The funding aims to bridge the gap between research and industry, revitalizing semiconductor R&D and addressing critical gaps in the current ecosystem.