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.
As for the actual semiconductor manufacturing plants, 13 new fabs are being built and 9 are being expanded in the US, impacting not only the US semiconductor industry, but US electronics production as well. Ten more new fab phases have been announced by various manufacturers such as Intel, TSMC and Texas Instruments.
The new fab will produce everything from simple power management ICs (PMICs) and audio amplifiers to innovative memory to advanced CPUs, GPUs and SoCs for a variety of applications.
In addition, 20 equipment and material supplier projects that source gases, chemicals, tools and wafers for chip fabs are being built in the United States, 12 of which will be located in Arizona, with Intel and TSMC is setting up a new production. Facility.
Producing chips in the United States is important for national security, supply chain reliability, and economic considerations. But US-made chips will also inspire more domestic electronics production. Companies like Apple, Dell, and HPE can hardly be expected to move their PC and smartphone manufacturing to the US, but some other manufacturers can do just that. Of course, modern production is so heavily automated that production facilities still employ people.
SIA claims that for every US worker directly employed in the semiconductor industry, an additional 5.7 jobs will be created across the US economy.
“SIA looks forward to working with the Department of Commerce to ensure the effective, efficient, and timely implementation of the CHIPS Act,” said an association statement. It can revitalize production and innovation and bring significant benefits to America’s economy, job creation, national security, supply chain resilience, and technology leadership. “