Some experts believe that a bigger national investment in chip manufacturing could solve the problem.
In February, President Biden signed an executive order that involves assessing potential risks in the semiconductor supply chains.
But some observers say that more needs to be done.
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“Cranking up these factories is pretty complex.
We need a long-term strategy.”
Today that number sits close to 100%."
“Some form of public support is critical to develop this industry,” he added.
Over the past two decades, Chinese chip manufacturers received government subsidies of $50 billion."
Foundry construction is expensive and time-consuming and will take several years to complete and begin production."
Juran said he supports efforts to inject tens of billions of dollars to jumpstart the industry in the US.
“Colorado Springs has an Intel factory that was built that actually never came online.
It will be expensive, but the return on investment is high.”
Having chip manufacturers in the US also could help with logistical challenges.
Bringing the manufacturing closer to the target markets could help shorten supply lines and lead times, Prior said.
