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Report Expects US to Produce ~30% of Advanced Chips in The World by 2032; Only 2% for CN
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The Semiconductor Industry Association (SIA) and Boston Consulting Group (BCG) released a report, estimating that by 2032, the US will more than triple its chip manufacturing capacity and control 28% of the production of advanced chips below 10nm, largely due to the introduction of the CHIPS and Science Act. China is expected to produce only 2% of the most advanced chips by 2032. The report noted that the US accounted for only 10% of global chip manufacturing capacity in 2022, with most of the rest in Asia. However, fab capacity in the US is forecasted to surge 203% over the next 10 years to account for 14% of global chip manufacturing capacity by 2032. AAStocks Financial News |
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