Real Challenges Ahead as US Chips Act Funds Are Distributed

Reported 2 months ago

The Biden administration is nearing the conclusion of distributing $39 billion in grants from the Chips and Science Act, intended to revitalize the US semiconductor industry. While initial funding has been allocated, the focus now shifts to whether the US can effectively build a self-sufficient semiconductor ecosystem. Major players like Intel, Micron, and TSMC are involved, but significant challenges remain, including workforce shortages, environmental concerns, and political uncertainties that might impact the future of semiconductor manufacturing in the US.

Source: YAHOO

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