Government Funding For Chip Design Tools Spreads

Governments around the globe are starting to invest more heavily in chip design tools and related research as part of an effort to boost on-shore chip production, opening new opportunities for startups and established EDA companies.

Those cash infusions, which are being doled out in the U.S., Europe, and Asia, are part of a growing recognition of the importance of design automation tools within domestic supply chains. In the past, engineers and scientists would pitch innovative ideas to investors, who would assess both the possible upside of investments and time to revenue. Much has changed in recent months, and those changes are accelerating.

By: Liz Allan