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US Plans to Triple Semiconductor Manufacturing Capacity by 2032

A recent report by the Semiconductor Industry Association (SIA) and Boston Consulting Group (BCG) sheds light on the evolving landscape of semiconductor manufacturing, particularly in the United States and China. According to the report, the United States is poised to significantly bolster its domestic semiconductor manufacturing capacity by 2032, surpassing China in the production of advanced chips. Projections indicate that the US will increase its share of advanced chips, particularly those below 10-nanometers, to 28 percent by 2032, while China's share in the same category is expected to be a...