Synopsys Teams Up with SEMI Foundation to Drive Workforce Development Initiatives in Semiconductor Industry

Core Insights - Synopsys, Inc. and the SEMI Foundation have signed a Memorandum of Understanding to enhance workforce development in the semiconductor chip design sector, addressing a projected need for over one million additional semiconductor jobs by 2030, which translates to 100,000 jobs annually [1][2][4] Group 1: Collaboration and Workforce Development - The collaboration aims to bridge the talent gap in chip design by engaging with academic institutions and industry experts to create education and training programs [1][2] - Synopsys' SARA program has been instrumental in global workforce development, providing access to advanced technologies and fostering a diverse semiconductor workforce [2][3] - The SEMI Foundation's mission aligns with this partnership, focusing on creating pathways for job seekers and equipping semiconductor companies with skilled talent [6] Group 2: Program Launch and Focus Areas - The first program under this collaboration will launch in 2025, targeting students, educators, and military service members transitioning to civilian careers to increase participation in the chip design sector [4] - The initiative aims to inspire and inform the next generation of high-tech talent both in the United States and internationally [4][6]