U.S. Semiconductor Manufacturing Sector Update (.PDF Download)

Feb. 8, 2023
Supported by the CHIPS and Science Act, the nation’s semiconductor industry is facing some key challenges as it gears up to meet the growing demand for chips.

In August, President Biden signed the CHIPS and Science Act of 2022 into law. The legislation was put in place to help boost American semiconductor research, development and production, “ensuring US leadership in the technology that forms the foundation of everything from automobiles to household appliances to defense systems,” the White House announced upon passage of the Act.

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