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Below is a statement from �����Թ� Board of Regents Chair Fred DuVal following the to lead a microelectronics hub in the southwest, part of a $1.63 billion program funded by the 2022 CHIPS and Science Act. 

“�����Թ� has long been a trailblazer in the microelectronics industry, fueled by innovative higher education partners like �����Թ� State University. This extraordinary, first-of-its-kind laboratory demonstrates the importance of a strong public university system to the state’s economy and U.S. national security. 

ASU’s SWAP Hub will allow university researchers, students and industry partners to rapidly scale new tech ideas and inventions to return the U.S. to its place as a leader in the high-tech industry. On behalf of the �����Թ� Board of Regents, congratulations to ASU and its education and industry partners.”