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U.S. Semiconductor Expansion Set to Triple by 2032, Despite Global Ranking Stasis

New policies and investments under the CHIPS Act catalyze unprecedented growth in domestic chip production, aiming to bolster America’s technological sovereignty.

  • The U.S. will increase its global chip production share from 10% to 14% by 2032, marking the largest growth spurt in the sector.
  • Advanced logic chip production in the U.S. is expected to surge from virtually zero to 28%, positioning it as a key player in high-tech industries.
  • Over $450 billion in private sector investments have been mobilized, creating more than 56,000 jobs across the semiconductor industry.
  • Despite massive domestic gains, the U.S. will remain the fifth-largest global chip producer, trailing behind leaders like Taiwan and South Korea.
  • Challenges such as potential supply chain bottlenecks and the need for sustained policy support are highlighted as areas needing attention.
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