Semiconductors: Finance

(asked on 10th October 2025) - View Source

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, whether she has had recent discussions with the Chancellor of the Exchequer on funding for the national semiconductor strategy.


Answered by
Kanishka Narayan Portrait
Kanishka Narayan
Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
This question was answered on 20th October 2025

Semiconductors have been confirmed by the UK government as one of six priority frontier technologies in the recently published Industrial Strategy Digital and Technologies sector plan. During the development of the Industrial Strategy, the Department met regularly with HM Treasury and the Department for Business and Trade to discuss how to best support the frontier technologies, including semiconductors.

This led to several announcements including £19 million for a new UK Semiconductor Centre to coordinate the sector and act as a “front door” for international cooperation, £35 million towards a UK-wide skills programme to grow the talent pipeline, and £25 million for two new “Innovation and Knowledge Centres” that will enable researchers to work with industry to commercialise research in emerging semiconductor technologies.

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