The U.S. Commerce Department says it will not abide by an agreement to fund the U.S. CHIPS and Science Act’s R&D through the nonprofit set up to administer the program, called Natcast. Instead, it handed operational control to the National Institute of Standards and Technology (NIST). Natcast was created in 2023 to oversee the National Semiconductor Technology Center (NSTC), which the law established to conduct “research and prototyping of advanced semiconductor technology and grow the do...
