Texas CHIPS Act Awards Silicon Labs $23 Million to Expand R&D Advancements in Austin
Silicon Labs (NASDAQ: SLAB) has been awarded a $23 million grant from the Texas Semiconductor Innovation Fund (TSIF), established by the Texas CHIPS Act. The funding will support the development of a new R&D laboratory in Austin, focusing on advancing wireless chip design and the company's Series 3 technology platform.
The investment aims to create and maintain local jobs while reinforcing Austin's position as a technology hub. The grant will specifically accelerate Silicon Labs' innovation roadmap, particularly in developing their Series 3 technology, an advanced wireless platform designed to enhance device connectivity and intelligence.
This funding initiative strengthens Texas' leadership role in semiconductor innovation and chip design, contributing to the state's economic growth and technological advancement in the semiconductor sector.
Silicon Labs (NASDAQ: SLAB) ha ricevuto un finanziamento di 23 milioni di dollari dal Texas Semiconductor Innovation Fund (TSIF), istituito dalla Texas CHIPS Act. I fondi supporteranno lo sviluppo di un nuovo laboratorio di ricerca e sviluppo ad Austin, con l'obiettivo di promuovere il design di chip wireless e la piattaforma tecnologica Series 3 dell'azienda.
L'investimento mira a creare e mantenere posti di lavoro locali, rafforzando al contempo la posizione di Austin come hub tecnologico. Il finanziamento accelererà specificamente la roadmap di innovazione di Silicon Labs, in particolare nello sviluppo della loro tecnologia Series 3, una piattaforma wireless avanzata progettata per migliorare la connettività e l'intelligenza dei dispositivi.
Questa iniziativa di finanziamento rafforza il ruolo di leadership del Texas nell'innovazione dei semiconduttori e nel design dei chip, contribuendo alla crescita economica e all'avanzamento tecnologico dello stato nel settore dei semiconduttori.
Silicon Labs (NASDAQ: SLAB) ha sido galardonada con una subvención de 23 millones de dólares del Texas Semiconductor Innovation Fund (TSIF), establecido por la Texas CHIPS Act. La financiación apoyará el desarrollo de un nuevo laboratorio de I+D en Austin, centrado en avanzar en el diseño de chips inalámbricos y en la plataforma tecnológica Series 3 de la empresa.
La inversión tiene como objetivo crear y mantener empleos locales, al mismo tiempo que refuerza la posición de Austin como un centro tecnológico. La subvención acelerará específicamente la hoja de ruta de innovación de Silicon Labs, particularmente en el desarrollo de su tecnología Series 3, una plataforma inalámbrica avanzada diseñada para mejorar la conectividad e inteligencia de los dispositivos.
Esta iniciativa de financiación refuerza el papel de liderazgo de Texas en la innovación de semiconductores y diseño de chips, contribuyendo al crecimiento económico y al avance tecnológico del estado en el sector de semiconductores.
실리콘랩스 (NASDAQ: SLAB)는 텍사스 반도체 혁신 기금(TSIF)으로부터 2300만 달러의 보조금을 받았습니다. 이 기금은 텍사스 CHIPS 법에 의해 설립된 것입니다. 이 자금은 오스틴에 새로운 연구개발(R&D) 실험실을 개발하는 데 지원하며, 무선 칩 설계 및 회사의 Series 3 기술 플랫폼을 발전시키는 데 중점을 둡니다.
이 투자는 지역 일자리를 창출하고 유지하는 것을 목표로 하며, 오스틴을 기술 허브로서의 위치를 강화합니다. 이 보조금은 실리콘랩스의 혁신 로드맵을 가속화할 것이며, 특히 장치의 연결성과 지능을 향상시키기 위해 설계된 고급 무선 플랫폼인 Series 3 기술 개발에 중점을 둡니다.
이 자금 지원 이니셔티브는 반도체 혁신 및 칩 설계에서 텍사스의 리더십 역할을 강화하며, 주의 경제 성장과 반도체 분야의 기술 발전에 기여합니다.
Silicon Labs (NASDAQ: SLAB) a reçu une subvention de 23 millions de dollars du Texas Semiconductor Innovation Fund (TSIF), établi par la Texas CHIPS Act. Ce financement soutiendra le développement d'un nouveau laboratoire de R&D à Austin, axé sur l'avancement de la conception de puces sans fil et de la plateforme technologique Series 3 de l'entreprise.
L'investissement vise à créer et maintenir des emplois locaux tout en renforçant la position d'Austin en tant que pôle technologique. La subvention accélérera spécifiquement la feuille de route d'innovation de Silicon Labs, en particulier dans le développement de leur technologie Series 3, une plateforme sans fil avancée conçue pour améliorer la connectivité et l'intelligence des dispositifs.
Cette initiative de financement renforce le rôle de leadership du Texas dans l'innovation des semi-conducteurs et la conception de puces, contribuant à la croissance économique de l'État et à l'avancement technologique dans le secteur des semi-conducteurs.
Silicon Labs (NASDAQ: SLAB) wurde mit einem 23 Millionen Dollar Zuschuss aus dem Texas Semiconductor Innovation Fund (TSIF) ausgezeichnet, der durch das Texas CHIPS Gesetz ins Leben gerufen wurde. Die Finanzierung wird die Entwicklung eines neuen F&E-Labors in Austin unterstützen, das sich auf die Weiterentwicklung des Designs von drahtlosen Chips und der Technologieplattform Series 3 des Unternehmens konzentriert.
Die Investition zielt darauf ab, lokale Arbeitsplätze zu schaffen und zu erhalten, während sie Austins Position als Technologiezentrum stärkt. Der Zuschuss wird insbesondere die Innovationsroadmap von Silicon Labs beschleunigen, insbesondere bei der Entwicklung ihrer Series 3 Technologie, einer fortschrittlichen drahtlosen Plattform, die darauf abzielt, die Konnektivität und Intelligenz von Geräten zu verbessern.
Diese Förderinitiative stärkt die Führungsrolle von Texas in der Innovation und im Design von Halbleitern und trägt zum wirtschaftlichen Wachstum und technologischen Fortschritt des Bundesstaates im Halbleitersektor bei.
- Secured $23 million grant funding for R&D expansion
- Investment supports development of new R&D laboratory in Austin
- Advancement of Series 3 technology platform development
- None.
Insights
The $23 million TSIF grant, while representing less than 0.5% of Silicon Labs' market capitalization, carries strategic significance beyond its monetary value. This state-level semiconductor funding provides three key advantages: reduced R&D costs, enhanced credibility in the IoT wireless sector, and strengthened positioning in the critical semiconductor supply chain.
The investment's focus on Series 3 platform development is particularly noteworthy. In the highly competitive IoT wireless space, accelerating the development cycle of next-generation platforms can create substantial competitive advantages. State backing typically enables companies to undertake more ambitious R&D projects while reducing financial risk, potentially accelerating time-to-market for new products.
The grant's broader implications extend to ecosystem development. By establishing a new R&D laboratory in Austin, SLAB is positioning itself to:
- Attract and retain top engineering talent in a competitive market
- Create synergies with local universities and research institutions
- Strengthen its intellectual property portfolio in wireless technology
- Reduce dependence on overseas semiconductor development
From an investor perspective, this government backing provides validation of SLAB's technology roadmap and reduces R&D investment risk. The company's selection for this grant suggests strong confidence in its ability to deliver meaningful innovations in wireless technology, particularly as the IoT market continues to expand.
The timing of this investment coincides with increasing national focus on semiconductor sovereignty, potentially positioning SLAB to benefit from additional government initiatives and partnerships in the future. This could create a multiplier effect, where initial state funding attracts additional private investment and partnership opportunities.
Grant from Texas Semiconductor Innovation Fund Will Support Wireless R&D, Securing Texas' Leadership in Next-Gen Technology
"As a
This investment will allow the company to accelerate its innovation roadmap, particularly around the build-out and design of Silicon Labs' Series 3 technology, an advanced wireless platform that makes devices smarter and more connected than ever before.
Additionally, it solidifies
"It is an honor to receive this grant from the
Learn more about Silicon Labs' Series 3 platform here.
About Silicon Labs
Silicon Labs is a trailblazer in wireless connectivity for the Internet of Things. Its integrated hardware and software platform, intuitive development tools, and unmatched ecosystem support make Silicon Labs the ideal long-term partner in building advanced industrial, commercial, and home and life applications. Silicon Labs leads the industry in high performance, low power, and security with support for the broadest set of multi-protocol solutions.
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SOURCE Silicon Labs
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