When the Bloomberg Innovation Index debuted in 2013, the U.S. ranked first among 50 countries. In the latest index, the U.S. has fallen to 11th place. The CHIPS and Science Act of 2022 will usher in a new era of exploration and innovation across the U.S. and help the U.S. win the 21st century. Lawmakers from both parties agree:
The CHIPS and Science Act will increase the domestic production of semiconductors, invest in regional technology hubs across the country, and enhance STEM education and high-tech workforce training programs. The bill will power the U.S. economy forward and counters investments being made by our foreign rivals, including China. The tech industry is leading the charge and driving the implementation of the CHIPS and Science Act of 2022. Learn more in this week’s Tech At Work.
Tech is Increasing the Domestic Production of Semiconductors
Samsung expands semiconductor manufacturing in Texas
Take a look inside the lab where Amazon Web Services makes custom chips
HPE: The Chips and Science Act will enable more advancements in supercomputing
Tech is Spreading Opportunity and Investing in Communities Across the Country
Steve Case, TechNet Executive Council Member and Chairman and CEO of Revolution, discusses how tomorrow’s most influential companies will not Start in Silicon Valley or New York City
Pittsburgh ranks in the top five for emerging startup ecosystems thanks to TechNet members Aurora, Argo AI, Motional, and Waymo
Meta expands Ohio Data Center, creating hundreds of new jobs
Indeed launches $50M Small Business Hiring Fund
Samsung Semiconductor to hire thousands of workers
Apple invests $430 billion, adding 20,000 new jobs across the country over the next five years
Google invests $7 billion in office space and data centers, creating 10,000 jobs across 19 states
Tech is Enhancing STEM Education and High-Tech Workforce Programs
TechNet, dozens of our Members, and 500+ business, education, and nonprofit leaders urge lawmakers to update the K-12 curriculum so every student in every school can learn computer science
Coursera helps expand opportunities through new online courses and degrees in business and tech
GM’s Electrifying Engineering STEM videos and projects will inspire future electric vehicle leaders
Salesforce announces Pathfinder Training Program to empower the workforce of the future
AT&T advances representation of women in STEM
Cisco’s STEM programs help train an inclusive future workforce
Verizon: All children should have access to technology and a quality STEM education
Airbnb employees can live and work anywhere
FWD.us research shows retaining U.S. international student graduates could add up to $233 billion to the U.S. economy this decade, reduce STEM-related talent shortages by a quarter
TechNet Supported the Passage of the CHIPS and Science Act Every Step of the Way
In the 116th Congress, TechNet was quick to endorse the Endless Frontier Act, which served as the foundation for the CHIPS and Science Act.
As the Senate considered moving forward with funding for domestic semiconductor production only, TechNet encouraged the Senate to include provisions like regional technology hubs and enhanced STEM education programs.
TechNet ran a six-figure advertising campaign in West Virginia, Mississippi, Indiana, Ohio, and Idaho urging Congress to pass an innovation and global competitiveness package.