The Success of US Chip Manufacturing Hinges on Our Electric Grid
March 12, 2024
In 2022, the White House signed the CHIPS and Science Act into law, a bipartisan effort to increase domestic advanced semiconductor manufacturing. The legislation made a historic $52 billion investment in American semiconductor research, manufacturing and workforce development.
Over a year later, new projects are facing construction delays and permitting issues, raising concerns over efforts to expand domestic manufacturing despite legislative support. Worse yet, the country might be unable to generate enough electricity to power new fabrication plants, leaving billions of dollars in federal funds stranded and one of its most critical supply chains vulnerable.