Report Projects U.S. Will Triple Semiconductor Capacity by 2032

A report from the Semiconductor Industry Association (SIA) estimates that the U.S. will triple its capacity for semiconductor manufacturing between 2022 and 2032. That time frame starts with the signing of the CHIPS and Science Act in August of 2022, which authorized $280 billion in federal funding for semiconductor manufacturing and research in the U.S. It included billions in manufacturing subsidies, tax credits, and workforce training, in an effort to reduce the nation’s reliance on importing semiconductors from China and Southeast Asia.

Source: New Report Projects U.S. Will Triple Semiconductor Capacity by 2032 | SupplyChainBrain