Makers’ Expenditure in Billions Reveals Emerging Talent Gap in U.S. Chip Sector

Makers’ Expenditure in Billions Reveals Emerging Talent Gap in U.S. Chip Sector



Skilled U.S. chip⁢ workers surge in demand as $231 billion in private funding‌ enters space

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

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