2min chapter

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#280 – Cristiano Amon: Qualcomm CEO

Lex Fridman Podcast

CHAPTER

Is There a Way to Support the Growth of the Semiconductors?

The main issue is it's actually a long term growth of digital. So we see a lot of capacity investments put into place by the industry. And then you see things which are actually good. The initiative such as the United States Chips Act and now the European Chips Act. Their goal combined is to get at least 50% of the consumption with manufacturing installed within the US and European geographies. That's yet another incentive for more manufacturing capacity to be built.

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