WASHINGTON, June 20 – The government of Vice President Joe Biden has announced that they have chosen John Hennessy, the chairman of Google’s parent company Alphabet Inc (GOOGL.O), along with four other technology sector leaders to assist in the research and development of the next generation of computer processors.
According to a statement that Reuters has seen, the Commerce Department is planning to make an announcement on Tuesday regarding Hennessy and the other persons who have been picked. They will be in charge of selecting a board of trustees to oversee the National Semiconductor Technology Center when they take on this responsibility.
As part of the bipartisan legislation that was passed the previous year to fund new chip facilities and provide $52.7 billion for semiconductor manufacture and research, a public-private partnership was given the authority to undertake research on chips of the next generation. It is envisaged that the board of directors of the nonprofit organization would make choices that are politically contentious, such as deciding where in the United States to site the center’s research facilities.
President Joe Biden is interested in growing the domestic chipmaking sector so that more well-paying jobs may be created, so that the United States can become less reliant on the large manufacturers in China and Taiwan, and so that the United States can gain a competitive advantage in the cutting-edge technology that will be used to power future military capabilities.
Economists believe that the lack of an adequate supply of chips, which led to shortages in automobiles, washing machines, and video game consoles, is one of the primary contributors to the rise in consumer inflation that has occurred since the COVID-19 outbreak.
“We want the NSTC to be an engine of innovation, supporting and extending U.S. leadership in semiconductor research, design, engineering, and advanced manufacturing for decades to come,” said Gina Raimondo, the Secretary of Commerce, in a statement. “We want the NSTC to be an engine of innovation.” “The formation of this selection committee is the next step toward assisting us in establishing the NSTC and ensuring its continued viability for future generations.”
In addition to his role as chairman of Alphabet, John Hennessy is an associate professor of electrical engineering and computer science at Stanford University.
Also serving on the selection committee are the principle of Deloitte Consulting, Janet Foutty, the chief executive of RAND Corp, Jason Matheny, a venture financier with Anzu Partners and a former executive at Qualcomm (QCOM.O), Don Rosenberg, and the president of an education organization, Brenda Wilkerson.