The US CHIPS Act's financial aid is unlikely to cover all giant projects, meaning the Department of Commerce will face difficult choices in who gets the money
The long wait for legislation to boost the US's position in global semiconductor manufacturing is almost over.
“The long wait for legislation to boost the US's position in global semiconductor manufacturing is almost over. The scramble among companies to get their hands on the billions of dollars it unleashes is only just beginning.” https://www.ft.com/...
Chipmakers battle for slice of US government support Pat Gelsinger, CEO of Intel: act may be “most important piece of industrial policy” in US since WW2. ...designed to reverse a decline in the US share of global chip manufacturing to 10 from 38% in 1990. https://www.ft.com/...
A mega-spending package to grow U.S. semiconductor production must reckon with a tough reality: The world is already awash in chip-making incentives (especially in China and Taiwan). @jiyoungjsohn @yoyominnie @joyuwang https://www.wsj.com/...
Why is there race to build Chip plants? These numbers tell the story. Annual chip-industry revenues are expected to hit $1.35 trillion by 2030, more than doubling from $553 billion in 2021. https://www.wsj.com/...