Oh yes, the bill has all kinds of nice ideas in it.
But then there is reality. And reality is that there isn’t some giant labor pool of fab workers in the US — yet.
- President Joe Biden signed the CHIPS and Science Act into law one year ago, and semiconductor companies across the U.S. have promised to spend $231 billion on building chip manufacturing hubs on American soil.
- Now, as the shovels hit the ground to begin construction, companies are realizing how difficult it is to find talent.
- Taiwan Semiconductor Manufacturing Company said it had to delay production at its $40 billion Arizona plant due to a lack of workers in the U.S.
But then there is reality. And reality is that there isn’t some giant labor pool of fab workers in the US — yet.
- President Joe Biden signed the CHIPS and Science Act into law one year ago, and semiconductor companies across the U.S. have promised to spend $231 billion on building chip manufacturing hubs on American soil.
- Now, as the shovels hit the ground to begin construction, companies are realizing how difficult it is to find talent.
- Taiwan Semiconductor Manufacturing Company said it had to delay production at its $40 billion Arizona plant due to a lack of workers in the U.S.
https://www.cnbc.com/2023/08/09/us-chip-sector-talent-gap-em...