2032 US chip manufacturing capacity triples due to $39bn CHIPS Act, raising America's global share to 14%.
A report by the Semiconductor Industry Association and Boston Consulting Group predicts a tripling of US chip manufacturing capacity by 2032, largely due to the $39bn bipartisan CHIPS Act. This will boost America's share of global chip manufacturing from 10% to 14%, with a significant increase in advanced logic chip production. The aim is to reduce US reliance on East Asia for semiconductors and strengthen domestic production.
May 08, 2024
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