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State asked to provide $25 million to NatCast design facility as part of CHIPS-related semiconductor effort
Summary
GO-Biz requested up to $25 million to reimburse NatCast for capital costs to build a semiconductor design and collaboration facility in Sunnyvale tied to the federally funded National Semiconductor Technology Center.
GO-Biz asked the Assembly Budget Subcommittee No. 5 to approve a proposal to provide up to $25 million to NatCast, the nonprofit operator of the National Semiconductor Technology Center (NSTC), to reimburse capital costs for a design and collaboration facility planned for Sunnyvale.
"The proposal before you is in support of the semiconductor and microelectronics sector... it includes $25,000,000 for Natcast... to build out the design and collaboration facility... located in Sunnyvale," Derek Kirk of GO-Biz told the committee.
Proponents said federal CHIPS and Science Act funding underpins the NSTC's work. Vivek Prasad, vice…
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