US Semiconductor Manufacturing & Cloud Computing Impact
The US semiconductor manufacturing sector is poised for major transformations, driven by ambitious manufacturing expansion plans set to unfold under Donald Trump’s upcoming presidential term. With the Biden administration laying the groundwork through the CHIPS Act, significant progress in domestic chip production is expected, promising to reshape the landscape of the semiconductor and cloud computing industries. The CHIPS Act and Domestic Semiconductor Manufacturing The CHIPS Act, signed into law under the Biden administration, aimed to boost US semiconductor manufacturing capabilities and reduce dependence on foreign producers. The legislation allocated $39 billion in incentives to foster the growth of advanced chip … Read more
