US to Triple Chipmaking Capacity by 2032, Industry Group Says
- US to make 28% of advanced logic chips by 2032, SIA predicts
- Chips Act subsidies have helped spur manufacturing boom
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US chip production is poised to explode in coming years, helping ease a risky dependency on East Asia, according to a projection by the Semiconductor Industry Association.
Semiconductor manufacturing capacity in the country will triple by 2032, an SIA-commissioned study by the Boston Consulting Group found. That will take the US share of the industry to 14%, up from 10% currently, according to the report, which was released Wednesday.