The U.S. Department of State and the Government of Mexico have announced a partnership to explore opportunities for growing and diversifying the global semiconductor ecosystem.

This U.S.-Mexico collaboration builds on existing cooperation through bilateral and trilateral forums, such as the High-Level Economic Dialogue and the North American Leaders Summit process.

The initial phase involves an assessment of Mexico’s existing semiconductor ecosystem, regulatory framework, workforce, and infrastructure requirements. Stakeholders in Mexico’s semiconductor industry, including state governments, educational institutions, research centers, and companies, will participate in this analysis alongside Mexico’s Secretariat of Economy. The assessment aims to provide insights for potential future joint initiatives to strengthen and expand Mexico’s semiconductor sector.

This collaboration falls under the International Technology Security and Innovation (ITSI) Fund, established by the CHIPS Act of 2022. The Act established the ITSI Fund, providing the U.S. Department of State with $500 million over five years, starting in Fiscal Year 2023. The fund aims to promote secure and trustworthy telecommunications networks and ensure semiconductor supply chain security and diversification through programs and initiatives with allies and partners.

You can find the Department of State media release announcing the partnership here.