A recent United States senate proposal to increase competitiveness with China within the semiconductor industry has raised interest into what the $52 billion infusion of funding could do for the U.S. as a whole. The focus for this bill would be to modernize and upgrade existing semiconductor fabs in the U.S. as well as building
The global semiconductor manufacturing shortage has made its rounds in the news in the last few months. Both the tech sector and portions of the U.S. House and Senate have made it a priority to address a lack of research, manufacturing and investing, to combat a massive shortage within the U.S. and worldwide.
Today, President Joe Biden signed an executive order that will review the semiconductor supply chain within the US, to identify the challenges the country may face in the near future.