MACQUARIE SECURES $5M TO BOOST AUSTRALIA CHIP INDUSTRY

What happened: Macquarie University secured $5M for the ARC Advanced Integrated Circuits Training Centre, led by Professor Iain Collings, to train integrated circuit designers and build Australia's chip-design capability. Key numbers: $5M funding; global integrated circuits market heading toward $1 Why it matters: Professor Collings said Australia risks being left behind and called building skills in this area vital. The Centre brings together four universities and industry partners to work on chips for satellite internet, space technologies, low-power AI, quantum devices and sensing.

Macquarie University secured $5M for the ARC Advanced Integrated Circuits Training Centre, led by Professor Iain Collings, to train integrated circuit designers and build Australia's chip-design capability.

Professor Collings said Australia risks being left behind and called building skills in this area vital. The Centre brings together four universities and industry partners to work on chips for satellite internet, space technologies, low-power AI, quantum devices and sensing.