New chip factories are not so easy to build, and take at least two or three years to complete, and potentially more time to ramp up to the high volume of throughput necessary for modern chipmaking.
or build new facilities altogether, and other companies have openly discussed additional U.S.
But now that Congress has spoken, the industry must deliver. Getting there wasn’t easy, or cheap: The money was attached to a lobbying bill of over $100 million and it took two years of Congressional squabbling.Īs recently as a few weeks ago, the effort looked doomed. This week the chip industry finally got its $52 billion to subsidize manufacturing in the U.S.
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