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ARTICLE · 03 OCTOBER 2024

Stepwise Risk Outlook Deep Dive: The Path To Securing The Future Of US Semiconductor Supply Chains

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The United States has embarked on an ambitious journey to stabilize the future of its semiconductor supply chain, reflected by both domestic and international efforts.

United StatesInternational Law
William Simpson
William Simpson

Today's Deep Diveis 1,194 words and an 8-minute read.

The United States has embarked on an ambitious journey to stabilize the future of its semiconductor supply chain, reflected by both domestic and international efforts. On September 27, the US National Science Foundation and Department of Commerce announced a new $30 million funding opportunity, as part of the 2022 CHIPS and Science Act, for a novel initiative to train the future semiconductor workforce. This coincided with a watershed agreement reached earlier in the month to establish a new semiconductor fabrication plant in India, as well as recent discussions with Japan and the European Union that reinforced bilateral cooperation on trade and technology, particularly regarding critical mineral supply chains.

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