US reverses manufacturing drain with USD$50bn funding allocation

30 May 2021 by Daniella Traino

Industrial

For some time its been predicted that there will be a supply chain bottleneck for semiconductors/ chipsets. As our data gluttony continues and the race for super/ hyper computing increases at scale, even nice chipmakers are benefiting from the funding goldrush. While for many years, the US under-invested in manufacturing in this area, the new Administration has finally noted its strategic (and national security) importance. China didn't take much convincing - they've long had investment in the semi-conductor and R&D industries.

https://pitchbook.com/news/articles/US-China-semiconductor-chipmakers-venture-capital

image credit Cristian Ibarra @Pixabay

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