The National Center for the Advancement of Semiconductor Technology, also known as Natcast, is a “purpose-built nonprofit” designated by the U.S. Department of Commerce to run the National Semiconductor Technology Center (NSTC) that oversees the development of semiconductor technology development. 1 2
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The National Center for the Advancement of Semiconductor Technology, also known as Natcast, was first created in 2023 to oversee the National Semiconductor Technology Center (NSTC), a think tank to oversee semiconductor technology development. 1 2
NSTC is run by a consortium established through the U.S. Department of Commerce, the U.S. Department of Defense, the U.S. Department of Energy, and the National Science Foundation. The consortium “is not a legal entity and does not have a staff,” but is governed by a steering committee. 1 2
In 2024, the Biden administration announced $5 billion in funding for the National Semiconductor Technology Center (NSTC) towards semiconductor workforce development, convening stakeholders, increasing education and training programs, and launching new initiatives meant to “engage underserved communities.” 3 By January 2025, before the end of the Biden administration, total planned funding for Natcast was raised to $7.4 billion. 4
In August 2025, the second Trump administration’s U.S. Department of Commerce announced that it would cancel the $7.4 billion in funding to Natcast for the National Semiconductor Technology Center (NSTC) while control over NSTC was given to the National Institute of Standards and Technology, a division of the U.S. Department of Commerce. U.S. Secretary of Commerce Howard Lutnick alleged “Natcast served as a semiconductor slush fund that did nothing but line the pockets of Biden loyalists with American tax dollars.” 4
Deirdre Hanford is the founder and CEO of Natcast. Hanford previously worked several roles with electronic design automation company Synopsys, including as chief security officer. Hanford is a former board member of Cirrus Logic, a software and hardware consulting firm, and the National Defense Industrial Association. Hanford was on the CHIPS Industrial Advisory Committee of the U.S. Department of Commerce. 5 6