The Defense Advanced Research Projects Agency (DARPA) held the first Electronics Resurgence Initiative (ERI) summit in July 2018, which clarified the planned layout, promotion ideas, and project arrangements, marking the plan′s entry into the full implementation phase. ERI is an important initiative for the United States to explore new paths for the development of integrated circuit technology and lay the absolute advantage of electronics industry in the post-Moore era. It is expected to open the next electronic revolution. Comprehensive analysis of the background, project details, latest developments, and implications of ERI are completed.