Oregon has secured $15 million in federal funding for semiconductor work, with the chance to receive up to $160 million over the next decade if progress benchmarks are met.
The National Science Foundation announced the award Tuesday to Frontiers of Advanced Semiconductor Technology, known as FAST, a statewide coalition led by Oregon State University. The group includes nearly 100 businesses, public universities, community colleges, economic development groups, STEM advocates, and local governments.
OSU President Jayathi Y. Murthy said during a virtual press conference that awards of this size can shape a field for years. Business Oregon economist Damon Runberg said the new money addresses concerns raised in a state report about Oregon’s semiconductor industry losing ground without fresh investment and incentives.
Oregon’s chip sector, often called Silicon Forest, has been a major part of the state’s economy for years. The Oregon Capital Chronicle reported that Oregon exported $11.4 billion in computer products in 2025, citing the Office of the U.S. Trade Representative. FAST interim CEO Rob Stone said Oregon has advanced semiconductor design and manufacturing capabilities, naming Oregon, Taiwan, and Korea as the only places with that level of capacity.
For workers and families in Oregon, semiconductor investment can affect plant expansion, hiring, and the stability of local paychecks tied to the industry. When a large employer or supplier cluster changes course, the ripple effects can reach medical coverage, lost wages, and household finances, which are issues many people bring to a personal injury claim after an accident interrupts work.
The NSF funding is part of a two-year program, and Oregon’s longer-term award will depend on continued progress.
Sources
- Oregon receives $15 million in federal funding to boost semiconductor industry (opens in a new tab) - Oregon Capital Chronicle, 2026-07-14