A growing, globally competitive U.S. semiconductor industry requires a skilled workforce, including highly educated engineers and scientists, well-trained technicians, and others.
To ensure the success of the CHIPS Act and drive semiconductor innovation – along with the national security and economic benefits derived from U.S. semiconductor leadership – America needs to adopt policies to educate and attract the top engineering and scientific talent in the world and train a skilled workforce for the semiconductor industry and other strategic technology sectors.
SIA released a study finding the United States faces a significant shortage of technicians, computer scientists, and engineers, with a projected shortfall of 67,000 of these workers in the semiconductor industry by 2030 and a gap of 1.4 million such workers throughout the broader U.S. economy. The report, titled “Chipping Away: Assessing and Addressing the Labor Market Gap Facing the U.S. Semiconductor Industry,” also makes a set of policy recommendations to help close the talent gap and complement the workforce development initiatives that are already being carried out by semiconductor companies across the U.S.
The report finds that a federal investment in semiconductor design and R&D of approximately $20 billion to $30 billion through 2030—including $15 billion to $20 billion for an investment tax credit for semiconductor design—will help maintain long-term U.S. chip design leadership.
New SIA R&D report identifying five key areas of the semiconductor R&D ecosystem that should be strengthened by the CHIPS and Science Act’s R&D funding
A new joint report by the Semiconductor Industry Association and the Boston Consulting Group finds the U.S. government has a strategic opportunity to reverse the decades-long trajectory of declining chip manufacturing in America, strengthen national security and make our supply chains more resilient, and make our country one of the most attractive places in the world to produce semiconductors, which are the brains of modern technology.
The COVID-19 pandemic highlighted the importance of information and communication technologies (ICT) in supporting essential activities in a crisis, and the role of an ever-widening range of digitized services, from commerce to education to healthcare, in building a resilient society.
SIA is the voice of the semiconductor industry, one of America’s top export industries and a key driver of our economic strength, national security, and global competitiveness.
