# UCLA is launching a $125 million "Semiconductor Hub" at the Samueli School of Engineering.

*semiconductor · news · 2026-05-21 · CNBC*

## Key points

- Five major tech firms are investing $125 million to create a UCLA-based Semiconductor Hub.
- The hub includes a five-year commitment to accelerate AI chip innovations and workforce training.
- Engineering doctoral students will receive yearlong internships with founding companies as part of the initiative.
- The partnership aims to significantly shorten the timeline for bringing new chip technologies to market.

**Companies:** Broadcom, Meta, Applied Materials, GlobalFoundries, Synopsys
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/21/meta-broadcom-others-to-launch-125-million-semiconductor-research-hub-at-ucla.html)

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