By John Eggerton, Multichannel News, 1-24-22
The U.S. Commerce Department is looking for input on how to incentivize investment in domestic semiconductor manufacturing.
Commerce points out that semiconductors are must-have tech for everything from securing the communications (5G) supply chain, to AI, to autonomous systems of all types, to quantum computing.
Commerce pointed out that from about 40% of chip fabrication in 1990, the U.S. accounted for only 11% of the global market by 2019….
The president and Commerce are also pushing Congress to pass the U.S. Innovation and Competition Act, which authorizes almost $90 billion for R&D, manufacturing, and supply chains. » Read More