

How to Make the U.S. Semiconductor Industry Boom Again
May 3, 2021
Alex Williams, a research analyst at Employ America, and Hassan Khan, a tech procurement expert with a PhD in semiconductor policy, dive into the challenges facing the U.S. semiconductor industry. They discuss the critical need for government intervention to revitalize manufacturing and enhance supply chain resilience. Insightful thoughts on historical context reveal how past decisions impact today's competitiveness. The duo explores innovative policy proposals and the essential collaboration needed among stakeholders to ignite a new era for American chip production.
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Semiconductors and Economic Policy
- Semiconductors are a lens for understanding industrial policy, trade policy, and stagnant demand.
- Bipartisan support exists for addressing the semiconductor situation.
The Cost of Offshoring
- Offshoring semiconductor production leads to a loss of expertise, not just facilities.
- This includes scientific researchers and blue-collar workers with process knowledge.
Translating Technology to Production
- Integrating technology into the capital stock requires a booming industry with CapEx turnover.
- Without this, cutting-edge knowledge doesn't translate into production outcomes.