STATEOFTHEU.S.SEMICONDUCTORINDUSTRY2|SEMICONDUCTORINDUSTRYASSOCIATION2023STATEOFTHEU.S.SEMICONDUCTORINDUSTRY|1TABLEOFCONTENTS2INTRODUCTION3CHIPSIMPLEMENTATION9WORKFORCEANDMANUFACTURINGINDUSTRIALBASE11GOVERNMENTSRACETODEVELOPCHIPINCENTIVES15GEOPOLITICALTENSIONS&THESEMICONDUCTORINDUSTRY16THEGLOBALSEMICONDUCTORINDUSTRY18SEMICONDUCTORDEMANDDRIVERS20U.S.INDUSTRYMARKETSHARE21U.S.TECHNOLOGYCOMPETITIVENESS24U.S.SEMICONDUCTORINNOVATIONPOLICYLANDSCAPE2|SEMICONDUCTORINDUSTRYASSOCIATIONINTRODUCTIONIn2023,thesemiconductorindustry’simportancetotheworldcontinuestogrow,aschipsbecomeanevengreaterpresenceintheessentialtechnologiesoftoday—andgiverisetothetransformativetechnologiesoftomorrow.Inall,morethan1trillionsemiconductorsweresoldgloballylastyear,atotalsohighthatifyoustackedthemoneontopofanother,theywouldreachhigherintotheskythanthemaximumcruisingaltitudeforcommercialaircraft.Aschipdemandrises,countriesaroundtheworldhavebeenrampingupgovernmentinvestmentstoluresemiconductorproductionandinnovationtotheirshores.In2022,theU.S.governmentsteppeduptomeetthischallenge,enactingthelandmarkCHIPSandScienceActtoprovideneededsemiconductorresearchinvestmentsandmanufacturingincentives.andreinforceAmerica’seconomy,nationalsecurity,andsupplychains.SincetheCHIPSActwasintroduced,companiesfromaroundtheworldhaverespondedenthusiastically,anno...
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