The geopolitics of chips: Chips in the USA
FT Tech Tonic
Reviving Semiconductor Manufacturing in the U.S.
This chapter examines the CHIPS Act and the United States' initiatives to reinvigorate semiconductor manufacturing, focusing on attracting companies like TSMC with financial incentives. It explores historical trends in the industry, the shift to overseas production, and the various political and economic implications of domestic chip manufacturing. Additionally, the chapter discusses the challenges faced by TSMC as it establishes operations in Arizona, including higher costs and a skills gap in the workforce.
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