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  2. Their calls have been heard, and today five major chipmakers — GlobalFoundries, Intel, Samsung Foundry, TSMC, and Texas Instruments — are building new semiconductor production facilities in the U.S. These efforts will inevitably be bolstered by a new wave of funding provided by the newly-approved CHIPS act.
    www.tomshardware.com/news/new-us-fabs-everyt…
    Companies have announced over $240 billion in investments to bring semiconductor manufacturing back to the United States since the President took office. Semiconductor jobs are making a comeback. And thanks to CHIPS investments like the one today, America will produce roughly 20% of the world’s leading-edge chips by the end of the decade.
    www.whitehouse.gov/briefing-room/statements-rele…
    Total spending on the project will be $12 billion with TSMC claiming it will directly create 1,600 jobs. Construction is planned to start in 2021 on what would be TSMC’s second manufacturing site in the U.S. The factory will be focused on producing so-called 5-nanometer chips, the latest in semiconductor technology being manufactured today.
    www.cnbc.com/2020/05/15/tsmc-to-build-us-chip-fa…
     
  3. People also ask
    Will US government give $6.6 billion to a chip manufacturer?The US government plans to give $6.6 billion to the world’s biggest manufacturer of semiconductor chips to help it build three factories in Arizona as part of President Joe Biden’s efforts to secure the supply of advanced chips.
    What do we know about new chip manufacturing facilities in America?Everything we know about new chip manufacturing facilities in America. The U.S. share of global semiconductor manufacturing capacity has decreased from 37% in 1990 to 12% in 2021, according to the Semiconductor Industry Association (SIA), but some 47% of the chips sold worldwide are designed in the U.S.
    Are chips made in the United States?And most of those chips are not made in the U.S. Now, the Biden administration is determined to change that. So today, the president signed the CHIPS and Science Act into law. It allocates more than $50 billion to bring semiconductor chip manufacturing to the U.S. and away from its current production hub in East Asia.
    Will America lead the way in microchip manufacturing?And this month, Micron said it would invest up to $100 billion over the next two decades to build a massive semiconductor factory in upstate New York. In a flurry of tweets earlier this month President Joe Biden pledged: “America is going to lead the way in microchip manufacturing.”
     
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