Chip funding of $50B would boost domestic jobs in construction, design, study says — from fierceelectronics.com by Matt Hamblen
Excerpt:
A new study projects a $50 billion federal investment in domestic chip plants would create 185,000 temporary American jobs and add nearly $25 billion to the U.S. economy each year until 2026 as new fabs are built.
The semiconductor industry currently employs 277,000 people in 49 states in the U.S. and supports 1.6 million U.S. jobs, according to the study by the Semiconductor Industry Association and Oxford Economics. In 2020, the industry’s total impact on the U.S. economy surpassed $246 billion.