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Labs over Fabs: Why the US and EU Should Invest in the Future of Semiconductors

ChinaTalk

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Navigating the Semiconductor Landscape

This chapter critically analyzes the allocation of funds under the CHIPS Act and its focus on semiconductor manufacturing versus design innovation. It discusses the competitive landscape of the semiconductor industry in Europe and the U.S., highlighting the importance of enhancing chip design capabilities alongside manufacturing. Additionally, the chapter emphasizes the need for workforce development to support the sector's growth amid challenges in technological advancements.

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