Nick Florous, PhD’s Post

Micron's $6.1 billion boost from the US CHIPS Act is a pivotal step for the semiconductor industry, promising significant advancements in technology and job creation. This investment underscores the critical role of government funding in driving innovation and strengthening the US's position in the global market. Exciting times ahead for semiconductor manufacturing! #semiconductorindustry #semiconductormanufacturing #tech #ic #chip #powermanagement #automotiveindustry #chips #electrification #ai #it

Micron Technology CONFIRMS $50B INVESTMENT BACKED BY US CHIPS ACT The recent surge in government funding for semiconductor production is a game-changer for the industry. Micron’s announcement of securing $6.1 billion from the US CHIPS Act exemplifies how strategic investments can drive innovation, create jobs, and bolster the US semiconductor sector. #Micron plans to invest $50 billion by 2030, constructing advanced memory chip fabs in Idaho and New York, creating approximately 75,000 jobs. This funding will enhance R&D, boost production capabilities, and ensure competitiveness in the global market. As the US strengthens its semiconductor industry, we can expect significant advancements in technology, economic growth, and a resurgence of technological leadership. The future of semiconductor manufacturing looks promising, with substantial investments paving the way for groundbreaking innovations. Thanks again to Electropages: Electronics News for the full article with more background and insights click the source link in the comments below 💡 🙏👇 Do you value meeting face-to-face with top executive leadership and decision-makers in the semiconductor industry? Experience the power of 1-on-1 business discussions at the International Semiconductor Executive Summits (ISES) events! Witness firsthand industry roadmap discussions and come experience firsthand the millions of dollars in future business collaborations that take place at this extraordinary gathering. Feel free to contact me for more details. #semiconductorindustry #semiconductormanufacturing #tech #ic #chip #powermanagement #automotiveindustry #chips #electrification #ai #it

𝗨𝗦 𝗰𝗵𝗶𝗽 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝘁𝗿𝗶𝗽𝗹𝗲 𝗯𝘆 𝟮𝟬𝟯𝟮, 𝗳𝘂𝗲𝗹𝗲𝗱 𝗯𝘆 𝗖𝗛𝗜𝗣𝗦 𝗔𝗰𝘁: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗹𝗲𝗮𝗱𝗲𝗿 Key Points 👇👇👇 According to a new report published by the Semiconductor Industry Association and Boston Consulting Group (BCG). The projected 203% growth is the largest percent increase in the world over that time. ✔ 𝗨𝗦 𝗖𝗵𝗶𝗽 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝘁𝗼 𝗧𝗿𝗶𝗽𝗹𝗲 𝗯𝘆 𝟮𝟬𝟯𝟮: According to a new report by the Semiconductor Industry Association (SIA), the US is set to significantly boost its chip manufacturing capacity, tripling by 2032. ✔ 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗵𝗮𝗿𝗲: This growth will increase the US's share of global semiconductor production from 10% to 14%, marking the first significant expansion in decades. ✔ 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗗𝗿𝗶𝘃𝗲𝗻 𝗯𝘆 𝗖𝗛𝗜𝗣𝗦 𝗔𝗰𝘁: The CHIPS and Science Act, signed into law by President Biden nearly two years ago, has been instrumental in this turnaround, attracting nearly half a trillion dollars in investments for US fabrication facilities. ✔ 𝗞𝗲𝘆 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Intel has been the largest beneficiary, receiving $8.5 billion in federal grants and investing over $100 billion to expand operations in Arizona, New Mexico, and Oregon. ✔ 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻: The US efforts are part of a global race, with Europe, Japan, and China also making significant investments to boost their chip manufacturing capabilities. ✔ 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗖𝗵𝗶𝗽 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗵𝗮𝗿𝗲: By 2032, the US is expected to capture 28% of the market for chips below 10 nanometers, thanks to these substantial investments. ✔ 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗦𝗲𝗰𝘁𝗼𝗿 𝗖𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻: The SIA estimates private investments in wafer fabrication will total $2.3 trillion by 2032. ✔ 𝗝𝗼𝗵𝗻 𝗡𝗲𝘂𝗳𝗳𝗲𝗿'𝘀 𝗜𝗻𝘀𝗶𝗴𝗵𝘁: John Neuffer, president and CEO of SIA, emphasized the strategic importance of the CHIPS Act in leveling the playing field for US-based manufacturing and the positive direction of the industry. #semiconductor #chipsact #semiconductors https://lnkd.in/ezpMUxMK

🖥️ Biden Bets Big on American Semiconductors: A Strategic Move for the Future In an era where technological sovereignty is becoming increasingly pivotal, the Biden administration's commitment to revitalizing and expanding the American semiconductor industry marks a significant strategic maneuver. As detailed in our latest analysis at Capital Maniacs, this ambitious initiative not only aims to bolster national security and economic resilience but also to secure a competitive edge in the global tech race. Key Highlights from the Initiative: Investment and Innovation: Substantial investments in R&D and manufacturing capabilities to innovate and scale production domestically. Strengthening Supply Chains: Efforts to fortify supply chains against future disruptions, ensuring a stable and reliable source of semiconductors. Global Competitiveness: Positioning the United States as a leader in the semiconductor industry, crucial for advancements in technology and national defense. The implications of this initiative are far-reaching, touching on economic growth, national security, and the technological leadership of the United States. As professionals in the tech, manufacturing, and policy sectors, it's essential to understand and engage with these developments. We invite our network to dive into the discussion: How do you see the Biden administration's semiconductor strategy impacting your industry? What opportunities and challenges do you foresee in this renewed focus on American semiconductor production? Join the conversation and share your insights. #AmericanSemiconductors #techleadership #economicresilience #nationalsecurity https://lnkd.in/dQ6dMXrS

The CHIPS Act promises to boost U.S. competitiveness, innovation and national security with multi-billion-dollar funding for semiconductor manufacturing, leading-edge technology programs and advanced R&D. A commendable goal of course, but the CHIPS Act is helping the wrong companies. #chipsact #semiconductorindustry #semiconductor #semiconductormanufacturing

#ICYMI: The Biden Administration recently announced more than $5 billion in investments in semiconductor research and development in a move to strengthen the US economy and secure the supply chain. ⚡ This investment provides a much needed boost to an anemic industry - currently, the US accounts for less than 10% of the global chips supply and none of the most advanced chips. 💡 Now, the US can create thousands of jobs suited for the gig economy and build an industry that will stave off global competitors and keep the US as a leader in tech advancements. Read more about the effort here: https://lnkd.in/eajQN2_a

“Redefining Semiconductors – A PDF Solutions Conversation with Chris Miller” Episode 1 "Unprecedented Levels of Semiconductor Investment"

USA's exemplary semiconductor investment surpasses cumulative spending of the past 30 years. Unprecedented financial surge propels domestic semiconductor manufacturing to new heights. Semiconductor industry propelled by massive funding influx, shaping the future of US chip production. #semiconductor #manufacturing #production #semiconductormanufacturing #investment #fab #technology #tech #research #electronics #microelectronics https://lnkd.in/den5BGVD