A push to re-shore semiconductor manufacturing in the U.S. has spurred massive spending, and with it, concerns about the size of the skilled workforce.
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, the largest contract chipmaker in the world, said it had to delay production at its $40 billion Arizona plant due to a lack of workers in the U.S.
“We’re still looking for more qualified skilled tradespeople across the board,” said TSMC Arizona President Brian Harrison. “We are installing our unique-to-the-United-States and extremely advanced pieces of equipment.”
TSMC is bringing in workers from Taiwan to handle the high-tech equipment and train U.S. workers.
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2023-08-09 17:46:26
Post from www.cnbc.com
