New figures reveal funding for constructing advanced electronics manufacturing facilities in 2024 alone will surpass the total amount spent over the previous 27 years combined.
The US is now on pace to add more investment in electronics manufacturing construction this year alone as it did TOTAL from 1996 until passage of the CHIPS Act in 2020.
The US is expected to grow its share of advanced logic (below 10nm) manufacturing to 28% of global capacity by 2032, up from 0% in 2022.
If China were to ever successfully invade the island nation to which it lays claim to, the supply of these chips would be controlled by Beijing. That would have huge repercussions for the West.
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