Trump says specific tariff will be placed on semiconductor industry, rate to be announced within week. The goal is to get chips built in the USA
However that is already going on.
New chip factories are being built in various locations, including Arizona, Texas, Ohio, and even in Europe and Southeast Asia. Specifically, Intel is investing heavily in Arizona and Ohio, while TSMC (Taiwan Semiconductor Manufacturing Company) is building facilities in Arizona, and Samsung is expanding in Texas. More information - Source.
Based on our current trajectory, the U.S. is projected to triple its chipmaking capacity by 2032, growing at a rate that leads the world and increasing America’s share of global capacity for the first time in four decades. Private investment in the U.S. semiconductor supply chain will total over $450 billion, creating more than 55,000 manufacturing jobs and 100,000 construction jobs, in addition to supporting hundreds of thousands of jobs throughout our economy. Industry, universities, and government are also actively partnering to build a framework for long-term national semiconductor innovation leadership. Despite our progress, competitors around the world continue their efforts to challenge U.S. leadership. America must run faster to win the technology race of the future. Source
Wining the Chip Race _ Investments in American Inovation
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