26 Nov 2021 -
 General

Will the global chip shortage actually boost US manufacturing?

A pandemic problem has led to a $52 billion plan to help chipmakers like Intel and an overhaul of the global economy, reports CNET.

“The shortage is leading the tech industry and politicians to try to reverse the US’ waning importance in the microprocessor business. The US government isn’t happy with how reliant the country’s economy and military are on Asian high-tech manufacturing. And chipmakers, salivating at government subsidies to underwrite research and new factories, and forecasting a widespread increase in chip demand, are investing as never before.

Today’s shortage is accelerating tomorrow’s investment. Chipmakers like Samsung, GlobalFoundries, Intel and TSMC see demand for semiconductors surging as digital technology spreads far beyond computers and smartphones.

“Intel, which slipped to third place behind Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Foundry, hopes to take advantage of the tailwinds – rising demand and government funding – to reclaim its leadership position.”

“It takes years to build a fab. Intel just started building two new facilities, Fab 52 and 62 in Arizona, at a cost of $20 billion. But they won’t begin mass manufacturing until the second half of 2024, said Keyvan Esfarjani, leader of Intel’s manufacturing and supply chain.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics here

Related News

22 Jul 2024 - Industrial

Global Semiconductor Market Soaring, Projected to Surpass $1 Trillion by 2030

Read more

18 Jul 2024 - General

New N-Channel GaN FETs from Central Semiconductor

Read more

18 Jul 2024 - General

New Study Unveils Significant Value of Authorised Electronics Distributors

Read more

16 Jul 2024 - Defence

Astute Group Strengthens Embedded Computing Portfolio with AiTech Systems Distribution Deal

Read more

10 Jul 2024 - General

Counterfeit GPUs on the Rise: A Growing Concern for the Electronics Industry

Read more

09 Jul 2024 - General

DRAM Prices Skyrocket Amidst AI Boom and Production Shifts: A Deep Dive into the Memory Market

Read more