Semi Conductors Aren't Everything

Nearly four fifths of global semi conductor fabrication capacity was in asia. South korea hit 28 %, tiwan was at 22%, japan was at 16% and china was at 12%. Us. Predominantly relies on other countries to make these things. The us. Government is worried about this, and so they're trying to change it by passing what was called the creating helpful incentives to produce semi conductors for america - or chips act. It's a big opportunity for a vital industry to grow in the us. But it comes with a lot of issues that are inherent when you try to reverse a decades long shift to oversea production.