Boosting Semiconductor Innovation Beyond the CHIPS Act
The United States has historically led the world in semiconductor innovation in chip design, but now is facing growing competition as other countries prioritize developing their domestic chip industries. A recent Boston Consulting Group and Semiconductor Industry Association study found the US accounts for 46% of global chip design market share in 2021, over twice […]
Strategies for Bridging the Semiconductor Workforce Gap
The United States is looking at various strategies to address the semiconductor workforce gap. According to a report recently released by the Semiconductor Industry Association and Oxford Economics, the United States is projected to face a shortage of 67,100 technicians, computer scientists and engineers throughout the semiconductor industry, and 1.4 million across the nation’s economy […]
Optimizing Capital Investment in the Semiconductor Industry
The United States is looking to optimize capital investment in the semiconductor industry. Semiconductor companies are building manufacturing capacity at feverish pace with new fabs expected by 2025, and nine in the United States alone. Deloitte estimates the cost of building one fab starts at $10B with an additional $5B of costs for machinery and […]
US Commerce Department Strengthens China Export Controls
In October, the Commerce Department tightened China export controls to prevent China from acquiring advanced computer chips that could be used to develop hypersonic missiles and artificial intelligence. China export controls allow for the monitoring of the sale of chips that could still be used for military goals, even if they don’t specifically meet the […]
Addressing US Semiconductor Manufacturing Talent Shortage
A recent study revealed a significant US semiconductor manufacturing talent shortage. In a study by the Semiconductor Industry Association (SIA), in partnership with Oxford Economics, revealed the US faces a shortage of technicians, computer scientists, and engineers, with a projected shortfall of 67,000 of these workers in the semiconductor industry by 2030 and a gap […]
Partnerships Critical to Rebuild America’s Semiconductor Industry
Congress passed the CHIPs Act of 2022 to strengthen America’s semiconductor industry. The Act is looking to strengthen manufacturing, design and research, fortify the economy and national security, and reinforce America’s chip supply chains. According to the Semiconductor Industry Association (SIA), America’s share of the modern semiconductor manufacturing capacity located in the U.S. reduced from […]
Rebuilding America’s Semiconductor Manufacturing
The US is looking at strategies to rebuild America’s semiconductor manufacturing. As recently as the 1990s, the US, where semiconductors were invented, produced 37% of the world’s supply of chips, but only about 12% of all computer chips are produced domestically now. In 2021, the decline in domestic chip production was exposed by a worldwide […]
CHIPS and Science Act Funding One Year After Becoming Law
CHIPS and Science Act funding one year after President Biden signed into law makes nearly $53 billion investment in U.S. semiconductor manufacturing, research and development, and workforce. In addition, the law creates a 25 percent tax credit for capital investments in semiconductor manufacturing with the goal of helping to keep America at the forefront of […]
Safeguarding US Emerging Technologies with Export Controls
Export controls for critical and emerging technologies refers to regulations implemented by the US government to control the export of specific technologies that are considered essential for national security, economic competitiveness, and foreign policy interests. These controls are primarily enforced by the Department of Commerce Bureau of Industry and Security (BIS) and the Department of […]
Taiwan’s Strategic Significance in the Global Economy
Taiwan’s strategic significance in the global economy plays an important role to the U.S. national security. Washington’s partnership with Taiwan is based on shared values, people-to-people ties, and leading-edge business cooperation led by global companies in both countries. U.S.-Taiwan relations, which have been codified in the Taiwan Relations Act (TRA) are really about a partnership for […]
Securing the Supply Chain: The Battle for Semiconductor Control
China and the United States are in a battle for semiconductor control. Semiconductors, which are essential for various critical industries including telecommunications, defense, and AI, have become a strategic asset for countries across the globe. In particular, China, the world’s largest consumer of semiconductors, is aggressively investing in domestic production and seeking to reduce its dependence […]
How the CHIPS Act is Reshaping the Semiconductor Industry
With the passing of the CHIPS Act of 2022, semiconductor companies are evaluating how, and whether to pursue a piece of the $52.7 billion in federal subsidies allocated to support chip manufacturing. About three-quarters of the CHIPS Act funding to be allocated over the next five years ($39 billion) is designated for the construction of […]
