Eric Smith, Tech Hubs Director, to Visit Texoma Semiconductor Tech Hub in Texas

WASHINGTON, D.C. — Today, Tech Hubs Director Eric Smith will visit Texas to meet with representatives of the Texoma Semiconductor Tech Hub, which serves both Oklahoma and Texas. The Biden-Harris Administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), designated the Texoma Semiconductor Tech Hub, led by Southern Methodist University, as a Regional Technology and Innovation Hub (Tech Hubs) in October 2023.

The Texoma Semiconductor Tech Hub highlights the region’s role as an emerging global leader in fablet-based semiconductor manufacturing. While there, Smith will work with the Hub to strengthen their strategy to meet the immediate and future demands of the semiconductor industry while advancing a technology sector critical to U.S. national security.

The Tech Hubs Program is a flagship initiative aimed at advancing U.S. leadership in critical technologies and industries. The designation of the Texoma Semiconductor Tech Hubs is a strong endorsement of the region’s plan to supercharge its critical technology ecosystem and become a global leader in semiconductor manufacturing over the next decade, advancing U.S. national security and global competitiveness.  

“The Texoma Semiconductor Tech Hub embodies the spirit and potential of the Tech Hubs program to take centers of excellence and make them world-class tech ecosystems through targeted investments,” said Secretary of Commerce Gina Raimondo. “That’s precisely why I’ve asked Director Smith to travel to Texas to meet with leadership and provide technical assistance on their strategy. The Tech Hubs Program is crucial to ensuring tech industries vital to U.S. economic and national security start, stay, and grow in the U.S., and that’s why I’m committed to future rounds of funding and working with lawmakers to support additional federal resources to support all of our designees.”

The Tech Hubs Program, authorized for $10 billion in the bipartisan CHIPS and Science Act, is designed to increase the capacity and pace with which Americans make, deliver, and deploy innovative technologies, creating new, growing companies and new, good jobs. 

Read more about the Tech Hubs program at TechHubs.gov.

About the U.S. Economic Development Administration (www.eda.gov) 
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.