Establishes the "New Jersey Union-Led Semiconductor Innovation and Security Program" to support semiconductor research, development, and workforce.

The bill establishes the "New Jersey Union-Led Semiconductor Innovation and Security Program" within the New Jersey Economic Development Authority. The program aims to support semiconductor and related embedded technology research, development, fabrication, and supply chain activities within the state. It coordinates workforce development strategies aligned with semiconductor industry needs, leverages federal funding opportunities, and encourages collaboration among private industry, organized labor, institutions of higher education, and state agencies.

Establishes the "New Jersey Union-Led Semiconductor Innovation and Security Program" to support semiconductor research, development, and workforce.

The bill establishes the "New Jersey Union-Led Semiconductor Innovation and Security Program" within the New Jersey Economic Development Authority. The program aims to support semiconductor and related embedded technology research, development, fabrication, and supply chain activities within the state. It coordinates workforce development strategies aligned with semiconductor industry needs, leverages federal funding opportunities, and encourages collaboration among private industry, organized labor, institutions of higher education, and state agencies.