By 2032, the US is predicted to produce 28% of the world's most advanced processors, while China is forecasted to make just 2%. These figures stem from the US Semiconductor Industry Association's study focusing on the impacts of the CHIPS Act funding and China's efforts for processor independence.
The report 'Emerging Resilience in the Semiconductor Supply Chain' by the Semiconductor Industry Association foresees the US as the major beneficiary of the increasing chip production. Factors include substantial CHIPS Act subsidies aiming to reduce US reliance on foreign suppliers and enhance domestic output.
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