Global chip shortage gives US manufacturing an opportunity

[Yo_Mama_Been_Loggin]

When you can't buy that Sony PS5 or Ford F-150 pickup, blame the chip shortage. A worldwide problem triggered by the COVID-19 pandemic has metastasized into a years-long disruption of everything electronic and is prompting governments to spend lavishly on chipmaking subsidies.

The shortage is leading the tech industry and politicians to try to reverse the United States' waning importance in the microprocessor business. The US government isn't happy with how reliant the country's economy and military have become on Asian high-tech manufacturing. And chipmakers -- salivating at government subsidies to underwrite research and new factories and forecasting a widespread increase in chip demand -- are investing as never before.

The chip shortage is also shining a new spotlight on the state of US manufacturing and how much of it has moved out of the country. Intel, which has slipped to third place behind Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Foundry, hopes to take advantage of rising demand and government funding to reclaim its leadership position.

One huge change: In January, Intel said it'll $20 billion on two chip fabrication plants, or fabs, near Columbus, Ohio. The new "megafab" site eventually could house eight Intel fabs costing $100 billion in total.

https://www.msn.com/en-us/news/technology/global-chip-shortage-gives-us-manufacturing-a-boost/ar-AAQZKLM

[Tetrachloride]

1. Welcome to 20-60 years ago

Japan, Taiwan, South Korea, the Philippines, Malaysia, Indonesia, Vietnam, China.

Americans don’t have the long range psychology of other countries.

[LiberalFighter]

2. There needs to be requirement that companies subsidized cannot export operations.

[kacekwl]

3. And Intel wants the

government to pay for everything so they can start making profit from the get go. There needs to be strong and irreversible rules to be followed or risk loss of control of the company.