Read about the United States semiconductors production revival!

The United States is releasing 52 billion to revive the production of semiconductors.

The bill also provides tens of billions of dollars for research and development.

Rarer or almost rarer than mustard, semiconductors are rotting the lives of many manufacturers around the world. Therefore, the United States has decided to use great means to increase its production capacities of these essential components for many products (computers, smartphones, vacuum cleaners, cars ...).

US President Joe Biden signed a law on Tuesday that releases $ 52 billion in subsidies to revive semiconductor production in the United States.

United States semiconductors production revival

The Democrat assured that this investment in these parts at the heart of modern electronics would help his country win "the economic competition in the twenty-first century". The text also provides for tens of billions of dollars for research and development.

The world has indeed been facing, since the beginning of the Covid pandemic, a shortage of semiconductors, leading to slowdowns, for example in car factories, which has caused car prices to skyrocket.

A few hours before the signing of this law, the American IT company Micron announced an investment of $ 40 billion in the manufacture of semiconductors in the United States. This sum is a "key element" of the $150 billion global investment project, which was advanced by the group in October.

The investment will be partly financed by "the subsidies and tax credits provided for" by the law ratified this Tuesday afternoon by US President Joe Biden.

United States semiconductors production revival details

Micron CEO Sanjay Mehrota, who was present alongside Joe Biden for the signing, hailed "an important step towards consolidating American leadership in semiconductors for decades to come".

Micron thus claims "the largest (investment) in chip manufacturing in the history of the United States", and indicates that this will eventually create "up to 40,000 new American jobs, including about 5,000 highly paid technical and operational roles within Micron".

"This law will allow Micron to increase domestic memory production from less than 2% to 10% of the global market over the next decade, making the United States the headquarters of the most advanced memory manufacturing and research and development in the world," the Micron CEO further praised.

United States semiconductors production revival comments

- It is not only to increase production, but to reduce its dependence on Taiwan.. just in case..

- The only good thing that Trump has done during his presidency: break this dependence on China which leads us straight to a Putin-style scenario. It remains to do the same in Europe, except that Europe is not the United States.

- It is obvious that we must stop depending on Chinese or Russian dictatorships to supply us with equipment or fossil resources, Europe must relocate so that we keep our jobs, our know-how and invest as much as possible in renewable energies


Reviews, Accessories, Android, Update Samsung Galaxy S20 Ultra FE
United States semiconductors production revival
Promotional marketing material brand identity Photographer

1st SERP Business News brought to you by TuneMyWebsite

Business Market Research benefits insights


Use Create Website business email domain


Keywords Search Engine Optimisation techniques


Startup Brand Identity design guidelines templates


UK Digital Marketing Services advertisement checklist


Companies Marketing SEO services strategy courses


Latest business companies TuneMyWebsite News


Small businesses Online Marketing Services services


Next level traffic sales Upgrade Website SEO



Start-up Marketing Agency near me


Benefits of Search Engine Marketing services


Read and learn the FREE TuneMyWebsite Tutorials


Consultant SEO Agencies UK wide solutions


Strategies Companies Digital Marketing England Wales


Affordable International Marketing Search Engine services


Example Marketing Services for small businesses


Market study Online Advertising programme


Read our Cookies policy here


We are governed by this Disclaimer that you should read


Our official SiteMap is here