The US is experiencing a boom in semiconductor production after the passage of the CHIPS Act , but that progress could be impeded by a serious labor shortage in the industry.
According to a July report from the Semiconductor Industry Association, an industry trade group, and Oxford Economics, there will be 85,000 new technical jobs in the industry by 2030. But the report’s projections indicate that nearly 80% of those jobs could go unfilled.
And crucially, one-third of the semiconductor industry workforce is foreign-born — meaning that immigration hurdles are exacerbating the shortage.In July, Taiwan’s TSMC ( TSM ), which was […]
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