It's been one year since the CHIPS and Science Act of 2022 was signed into law to bolster the semiconductor industry in the US. With semiconductors being fundamental to the functioning of modern technology, an analysis of the CHIPS Act and its rollout indicates that the future is still too early to tell. However, with no major setbacks, there is cautious optimism about the direction the industry will find itself.
Read MoreFor the past two years, the world has experienced a shortage of semiconductors. As a result, the U.S. Government is engaged in several efforts to increase domestic semiconductor manufacturing. However, this activity has prompted debates on onshoring the supply chain, import restrictions on semiconductor products, and export controls on chips technology.
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