The U.S. CHIPS Act is already making an impact

The U.S. CHIPS Act is already making an impact - Evertiq Expo Malmö, Krakow & Berlin

While the EU equivalent still hasn’t officially been launched, the U.S. CHIPS Act has already sparked USD 200 billion in private investments across the country. But where are all of these new fabs going to be built?

The Semiconductor Industry Association (SIA) pointed out in a report that over 40 new semiconductor ecosystem projects have been announced across the U.S. since May 2020. We’re talking new fabs, expansions of existing sites, and also facilities that supply and produce materials and equipment for the semiconductor industry.

Count it all up and these projects are valued at nearly USD 200 billion in private investments, announced across 16 states. All of this means that about 40,000 new high-quality jobs are being created in the semiconductor ecosystem as part of the new projects.

Let's dissect the information from SIA and see where all of these manufacturing operations will take place.

State	Company Name	City/County	Investment	Type	Employment (Direct)
Arizona	Intel	Chandler	$20 billion	New	3000 (2 fabs)
Arizona	TSMC	Phoenix	$40 billion	New	4500 (2 fabs)
California	Western Digital	Fremont/San Jose	$350 million	Expansion	240
Florida	SkyWater	Osceola County	$36.5 million	Expansion	220
Idaho	Micron	Boise	$15 billion (through 2030)	New	2000
Indiana	SkyWater	West Lafayette	$1.8 billion	New	750
	NHanced	Odon	$236 million	New	413
	Everspin Technologies	Odon	Unknown	New	35
	Trusted Semiconductor Solutions	Odon	$34 million	New	40
Kansas	Radiation Detection Technologies	Manhattan	$4 million	Expansion	30
New Mexico	Intel	Rio Rancho	$3.5 billion	Expansion	700
New York	Micron*	Clay	$20 billion ($100B over 20 years)	New	9000 (4 fabs)
New York	Global Foundries	Malta	$1 billion	Expansion	1000
North Carolina	Wolfspeed	Chatham County	$5 billion (over 10 years)	New	1800
Ohio	Intel	New Albany	$20 billion ($100B over 10 years)	New	3000 (2 fabs)
Oregon	Analog Devices	Beaverton	$1 billion	Expansion	280
Oregon	Rogue Valley Microdevices	Medford	$44 million	New	Unknown
Texas	Samsung	Taylor	$17 billion	New	2000
	Texas Instruments	Sherman	$30 billion (through 2030)	New	3000 (4 fabs)
	Texas Instruments	Richardson	$6 billion	Expansion	800
	NXP	Austin/TBD	$2.6 billion	Expansion	800
Utah	Texas Instruments	Lehi	$3 billion	Expansion	1100
TOTAL			$186.6 billion (up to $346.6 billion)		34,708 jobs

Semiconductor manufacturing investments in the next 10 years (projects announced from May 2020 – Dec 2022)

* Micron announced total investments of up to USD 100 billion over a time frame beyond 10 years, however, this table only reflects investments made over the next decade. (Links contain further information on each project).

Suppliers of materials, chemicals, and equipment are also responding to the increase in fab construction. As a result, businesses that provide wafers, high-purity chemicals, equipment for semiconductor manufacture, and specialty gases have announced plans to invest in a number of facilities to support growing domestic manufacturing capacity. All tallied up, these announcements are – currently – valued at USD 9 billion over the next 10 years, and will result in 4,971 new jobs. Among these projects, we find companies such as ASML, Hemlock Semiconductor, SK Siltron CSS, EMD Electronics, Edwards Vacuum and Globalwafers. These projects will take shape in the states of Arizona, Connecticut, Georgia, Michigan, New York, Oregon and Texas.

During Evertiq Expo Malmö, Krakow and Berlin 2023, Evertiq will present a comparison between US CHIPS Act and the EU’s counterpart. How do these stack up against each other? What are the key differences? How have other countries and regions reacted to these large scale semiconductor projects? And above all – what are the effects of these so far? These are the questions that we intend to dive deeper into. Sign up now!