The U.S. semiconductor industry is moving full steam ahead with more federal and state incentives, more factories and new strategies to make sure the nation can compete in advanced chip manufacturing for years to come.
"Despite a global, connected economy, the pandemic disruptions of 2020 exposed the need to enhance resiliency across the entire semiconductor value chain. To ensure national security and economic stability, the U.S. recognized the need to focus on competitiveness in every aspect of the semiconductor industry," said a letter written by ACA President and CEO Sandra Watson in the report.
Of the four main focus points in the plan, the ACA says that states with adequate physical infrastructure support such as wafer fabrication capacity, research and development, water and power; and a business-friendly environment are key in attracting companies in the industry. "Without the necessary workforce, sustainable competitiveness in the industry will be impossible," the report said.
Semiconductor technology was first innovated in the United States in the mid 20th century. At one point, the U.S. made more than 30% of the worlds chips but now much of the global chip supply is produced in Asia. "CHIPS is only the beginning, and without a concerted focus on increasing domestic competitiveness, the U.S. will lose any edge afforded by CHIPS once the funds are depleted and the investment tax credit ends," the report said.
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'American manufacturing is back:' President Biden points to Arizona for manufacturing success - Phoenix Business JournalPresident Joe Biden, Taiwan Semiconductor Manufacturing Co.'s founder Morris Chang and Apple CEO Tim Cook were among the high-profile officials and companies that attended the Asian chipmaker's ceremony in Phoenix where the company unveiled plans to significantly bulk up the project. Spread across multiple factories, the complex could eventually exceed 5 million square feet in size.
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Arizona Commerce Authority outlines what US needs for success in semiconductor industryThe U.S. semiconductor industry is moving full steam ahead with more federal and state incentives, more factories and new strategies to make sure the nation can compete globally.
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TSMC triples Arizona chip plant investment, Biden hails projectTaiwanese chipmaker TSMC on Tuesday said it would more than triple its planned investment at its new Arizona plant to $40 billion, among the largest foreign investments in U.S. history, as President Joe Biden visited and hailed the project. “American Factory Season 2 by Joe Biden. Biden: welcome back, my lord (Jewish). where is the biden's and others PPE?
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