Andrea Lisi, CFA’s Post

https://lnkd.in/gG4hZTwD Having worked in semiconductor fabrication and having worked with many brilliant and driven colleagues, it appears, based on his comments quoted here, that Mr Chang seems to disregard that he was educated in the Semi-Business at Texas Instruments, an AMERICAN company. Conveniently also omitting that the USA dominated Chip making in the 80s and 90s. A few things make it tougher to build chips here of course. Very high on that list is that the USA has environmental protections that must be met and Chip making is an inherently nasty fabrication process. Just as important is that Americans don't treat their career as their "religion". To demean Americans as not up to the task is to completely mis-characterize the situation and a complete failure to admit a different style of management is required in the USA. As a point of reference, Intel, IBM, AMD, TI, Motorola and many others were producing World Class Semiconductors here in the US when TSMC's current crop of Engineers were still getting their diapers changed.

TSMC gets billions for US chips The push to expand U.S. chip manufacturing continues, with the government awarding up to $11.6 billion to Taiwan Semiconductor Manufacturing Co. (TSMC). The $6.6 billion in grants and up to $5 billion in loans announced Monday will help the world's leading chipmaker, which supplies Apple and Nvidia, build three factories in Arizona. The funding includes $50 million to train local workers and will create more than 20,000 construction jobs, per Commerce Secretary Gina Raimondo. One of the new facilities will produce next-generation 2-nanometer chips, which Raimondo says are vital for AI and the military. TSMC will also increase its total U.S. investments from $40 billion to $65 billion as part of the deal. Intel was awarded up to $20 billion in loans and grants for chipmaking facilities in four states, including Arizona; Samsung is expected to receive about $6 billion in grants. For more coverage of the tech industry, click here to subscribe to Tech Stack, a newsletter from LinkedIn News. #support #moremoney #chipmanufacturing

𝗧𝗵𝗲 𝗨𝗦 𝗶𝘀 𝗲𝗮𝗴𝗲𝗿 𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗵𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗯𝘂𝘁 𝘀𝘁𝗶𝗹𝗹 𝗵𝗮𝘀𝗻'𝘁 𝗿𝗲𝘀𝗼𝗹𝘃𝗲𝗱 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿 𝗼𝗻𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺: 𝗽𝗲𝗼𝗽𝗹𝗲. Global leaders in the semiconductor industry are betting on the United States, foreseeing it as a potential manufacturing hub with productivity levels that can rival those of their own countries. But first, the US labor market has to solve the biggest problem by far: finding skilled and talented employees to work in the fabs. The looming talent shortage is not just a concern but a pressing issue that demands immediate attention to sustain the rapid growth of the U.S. semiconductor sector. According to a recent McKinsey study, the domestic #semiconductor industry may face a shortage of between 59,000 and 146,000 skilled technicians and engineers by 2029. Semiconductors and #AI applications are experiencing tremendous exponential growth in the industry. The need for a workforce may hinder suppliers' ability to meet the increasing demand for #chips, especially with the ongoing expansion of #artificialintelligence. With its substantial allocation of around $53 billion, the U.S. CHIPS Act is trying to boost and resolve that issue for the semiconductor industry. This investment is set to fuel the growth of the sector in the United States. Major chip manufacturers such as TSMC, Intel, and Samsung have already received significant federal investments to build new factories and enhance their operations across the United States. These funds are expected to create more than 115,000 jobs in manufacturing and construction, a significant step towards addressing the talent shortage. Still, however, at this point, we are not even near to resolving that issue for the upcoming years. The full research can be found here: https://buff.ly/3YPQ1m9

Bruce thought he’d landed his dream job. The young American engineer had been eager for a stable, high-paying job in the semiconductor industry. Then, in late 2020, he received a LinkedIn message from a recruiter for Taiwan Semiconductor Manufacturing Company. Bruce read up on TSMC — the leading global manufacturer of advanced chips — and got excited. The job sounded like he’d be “pushing the boundaries of human technology,” he recalled to Rest of World. TSMC was undergoing a transformation at just about the same time Bruce heard from the recruiter. The coronavirus pandemic was exposing deep faults in supply chains, and a global chip shortage had slowed production of cars, smartphones, and refrigerators around the world. Meanwhile, American policymakers were rallying around what would eventually become the CHIPS and Science Act, a sweeping piece of legislation designed to boost semiconductor manufacturing in the U.S. TSMC, which makes most of its chips in Taiwan, was under pressure to expand its global manufacturing capacities. Bruce would be working as a semiconductor engineer. The recruiter explained that he would first spend more than a year in Taiwan learning the ins and outs of the complex chipmaking process. Then, he’d return to Arizona. There, in a cactus-dotted suburb of Phoenix, TSMC was building a sprawling new factory to make the kind of chips that power iPhones and U.S. fighter jets. He’d be helping bring America’s newest chip factory online. Bruce was in. Inside TSMC’s struggle to build a chip factory in the U.S. suburbs thumbnail Listen to this story https://lnkd.in/d3a4nuY5

BIDEN TO ANNOUNCE $53 BILLION IN FUNDING FROM CHIPS ACT FOR US SEMICONDUCTOR COMPANIES International Semiconductor Executive Summits are filling fast. Send me a direct message, and I will tell you all about how you can strengthen your company’s brand, network with leading executives, and gather the latest market intelligence. Reach out to me; I’d like to learn about your company’s objectives. Article Summary: 1. The Biden administration plans to allocate billions in subsidies to top semiconductor firms like Intel and TSMC under the Chips and Science Act, aimed at bolstering the U.S. against China's tech dominance. 2. This $53 billion initiative is designed to establish advanced semiconductor factories in the U.S., enhancing capabilities in AI and military tech, and reducing dependence on foreign chip production. 3. Despite enthusiasm, concerns about delays in factory construction may postpone the availability of U.S.-made chips, with the Commerce Department emphasizing a merit-based process for these critical investments. In a strategic effort to counter China's dominance in the semiconductor industry, the Biden administration is set to channel billions into major semiconductor firms, marking a significant shift in U.S. industrial policy. This funding, integral to the Chips and Science Act which allocates $53 billion, aims to spur the construction of advanced semiconductor factories, or "fabs," across the United States. Key recipients like Intel and TSMC are expected to enhance chip production for high-end technologies, including AI and military applications, boosting the U.S. economy and reducing reliance on foreign chip production. The timing of these subsidies is anticipated to align with President Biden’s State of the Union address on March 7. This initiative not only underscores a concerted effort to regain technological supremacy but also represents a broader global shift towards viewing technology as crucial for national security and economic independence. Intel's investment in new factories in states like Arizona, Ohio, New Mexico, and Oregon, and TSMC's construction of two fabs in Arizona, highlight the geographical spread of this initiative. This move is also indicative of a broader effort to rejuvenate American manufacturing and create high-tech job opportunities domestically. Thanks again to Washington Examiner for the full article with more background and insights via the link below https://lnkd.in/gQCczRdC #semiconductorindustry #semiconductor #it #artificialintelligence #aiot #ic #chip #chips #foundry #tsmc #software #generativeai #usa #stockmarket

Had this question myself among the flurry of #chip coverage this week ... big state for new #projects and #investments – #Arizona. Three other states in another case, unmentioned. #Japan making over and entire domestic #farm town into a chip #hub ... Companies include TSMC, Intel Corporation, NVIDIA, Google customizing its homebrew on Arm #technology ... Now SK hynix and SK hynix America building a $3.9B #semiconductor campus in #Indiana and they need ... #workers #employees #people #humanresources #recruiting Makers must not only build #fab #plants but ... "It also has to staff them." SKH is #Korea-based and apparently doesn't have a shortage there. Works with #universities — even has its own in-house school. "In South Korea and Taiwan, #manufacturers have an almost captive #labor supply," The Wall Street Journal writes. [Almost] Here they're working with Purdue University. Students have to be convinced but they're reading the same stuff we are, and getting excited about the opps And ... says SKH #CEO Kwak Noh-Jung, "the final goal is very clear. We need to have very good #engineers for our #success in U.S.” And seems that U.S. place is trying to, WSJ says, "reverse a shrinking share in a key #manufacturing #sector," to wit: "Between 1990 and 2020, the U.S. share of world #chipmaking shrank to 12% from 37%, while the combined share of #Taiwan, #SouthKorea and #China grew to 58%." Because why? #ArtificialIntelligence #AI #ResearchAndDevelopment #Memory #HighBandwidth https://lnkd.in/gwkGeu2u

Bruce thought he’d landed his dream job. The young American engineer had been eager for a stable, high-paying job in the semiconductor industry. Then, in late 2020, he received a LinkedIn message from a recruiter for Taiwan Semiconductor Manufacturing Company. Bruce read up on TSMC — the leading global manufacturer of advanced chips — and got excited. The job sounded like he’d be “pushing the boundaries of human technology,” he recalled to Rest of World. TSMC was undergoing a transformation at just about the same time Bruce heard from the recruiter. The coronavirus pandemic was exposing deep faults in supply chains, and a global chip shortage had slowed production of cars, smartphones, and refrigerators around the world. Meanwhile, American policymakers were rallying around what would eventually become the CHIPS and Science Act, a sweeping piece of legislation designed to boost semiconductor manufacturing in the U.S. TSMC, which makes most of its chips in Taiwan, was under pressure to expand its global manufacturing capacities. Bruce would be working as a semiconductor engineer. The recruiter explained that he would first spend more than a year in Taiwan learning the ins and outs of the complex chipmaking process. Then, he’d return to Arizona. There, in a cactus-dotted suburb of Phoenix, TSMC was building a sprawling new factory to make the kind of chips that power iPhones and U.S. fighter jets. He’d be helping bring America’s newest chip factory online. Bruce was in. Inside TSMC’s struggle to build a chip factory in the U.S. suburbs thumbnail Listen to this story https://lnkd.in/e7BrPeuN

𝐅𝐫𝐨𝐦 𝐫𝐞𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐫𝐞𝐯𝐢𝐯𝐚𝐥: 𝐔𝐒 𝐥𝐨𝐨𝐤𝐬 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐜𝐡𝐢𝐩 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 $𝟐𝟎𝐁𝐧 𝐈𝐧𝐭𝐞𝐥 𝐛𝐚𝐜𝐤𝐢𝐧𝐠 The US wants to produce one-fifth of the world’s advanced logic chips by 2030. However, it is a long way from reaching that goal. Today, it only produces about 10% and virtually none of the most powerful ones. 𝐈𝐧𝐭𝐞𝐥 𝐈𝐧𝐬𝐢𝐝𝐞: In an effort to get closer to its ambitions (and to level the playing field), the US government is hoping a $20 billion cash infusion can take tech giant Intel to new heights (Read: Finally catching up to competitors like Nvidia). The award will allow the California-based company to build and remodel chip plants in four states, with at least one fab site — essentially a semiconductor factory — for AI chips. 𝐖𝐡𝐚𝐭 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰: - President Joe Biden stopped by Intel’s Arizona campus on Wednesday to make it official. - It’s the largest grant so far tied to the 2022 CHIPS Act, which aims to lure semiconductor developers back to the US. - The award could create up to 30,000 new construction jobs and nearly 10,000 manufacturing jobs. - Intel expects to invest about $100 billion into the expansion, including into AI initiatives. 𝐖𝐡𝐲 𝐧𝐨𝐰? The US is especially worried about China’s growing influence in Taiwan, where 90% of today’s AI chips are manufactured. “It’s an economic security problem, it’s a national security problem, and we’re going to change that,” Secretary of Commerce Gina Raimondo told reporters. 𝐓𝐡𝐚𝐭’𝐬 𝐰𝐡𝐞𝐫𝐞 𝐈𝐧𝐭𝐞𝐥 𝐜𝐨𝐦𝐞𝐬 𝐢𝐧: The California-based company has struggled to keep up with its rivals, including Taiwan Semiconductor Manufacturing Company and Samsung, in terms of technological innovation. But it has a unique superpower: While most chip producers outsource their manufacturing overseas, Intel builds all of its components in-house. That means it can keep chugging along no matter what happens between the US and its adversaries. #SemiconductorIndustry #IntelInvestment #CHIPSAct #TechnologyInnovation #USManufacturing

TSMC EXPANDS 3NM CHIP PRODUCTION TO MEET GROWING DEMAND Are you joining the Leading Semiconductor Executive Leadership event, International Semiconductor Executive Summits USA in Arizona in partnership with the Greater Phoenix Economic Council? If not, the event is approaching SOLD OUT, come and join us to network with leading executives 1 on 1, strengthen your company’s brand, and gather the latest global market intelligence. Get in contact with me to secure you spot. Article Summary: 1. TSMC accelerates the production of advanced 3nm chips to meet rising demand from technology leaders, aiming to increase its monthly output to 100,000 units by 2024. This expansion is driven by orders from companies like Apple, Qualcomm, MediaTek, NVIDIA, and Intel Corporation, who are integrating these chips into their latest products. 2. The company focuses on enhancing the efficiency of its 3nm chip production process, moving from the initial N3B version, which faced yield and cost challenges, to the improved N3E version. This new iteration promises better performance and affordability, attracting increased interest from tech companies. 3. Amidst heightened competition in the #semiconductorindustry, SMIC begins production of 5nm chips for Huawei, establishing a new production line in Shanghai. This development comes as the Biden administration imposes stricter export controls on advanced chipmaking equipment, underscoring the geopolitical implications of semiconductor manufacturing and technology. Thanks again to Gizmochina for the full article with more background and insights click the source link in the comments below 💡 🙏 👇 #artificialintelligence #aiot #ic #chips #foundry #generativeai #usa