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00:03Broadcom Meta, Applied Materials, Global Foundries, and Synopsis
00:06are partnering to launch a $125 million semiconductor hub
00:10at the UCLA Samueli School of Engineering, according to CNBC.
00:15The hub, based at the UCLA Samueli campus,
00:18will focus on accelerating research and workforce development
00:21for AI-powered chip technologies.
00:23The five-year initiative will support innovations in chip design,
00:27equipment, software, and manufacturing.
00:30Faculty and student researchers will collaborate with the founding companies
00:34to shorten the timeline for new chip innovations to reach the market.
00:37The hub also includes year-long internships for engineering doctoral students.
00:42Applied Materials.
00:44CEO Gary Dickerson said stronger ties between industry and academia are essential
00:48as semiconductor complexity grows and AI development accelerates.
00:52For all things money, visit Benzinga.com.
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