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CHIPS Act Spurs $200 Billion Investments in U.S. Semi Industry

Although chip developers and manufacturers have yet to receive the grants enabled by the CHIPS and Science Act, its announcement and subsequent enactment have already attracted nearly $200 billion in private investment in the U.S. semiconductor sector. I’m here. Semiconductor Industry Associationan industry lobbying group.. The new project will affect both US chip production and electronics manufacturing.

The CHIPS Act was first introduced in the spring of 2020 and quickly caught the attention of semiconductor industry leaders. TSMC was one of the first companies to announce a major new fab project in Arizona in mid-May 2020, and since then more than 40 new semiconductor ecosystem projects have been announced across the country. work.

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