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How the US Can Strengthen the Global Semiconductor Ecosystem
Article

How the US Can Strengthen the Global Semiconductor Ecosystem



Editorial Rating

8

Qualities

  • Applicable
  • Well Structured
  • Overview

Recommendation

Any time demand for a product exceeds supply, there’s opportunity. But when the demand is for semiconductors, and manufacturers can’t keep up, there’s an added element of danger. Modern society requires semiconductors to run smoothly. In this report, the Boston Consulting Group describes ongoing efforts to strengthen the semiconductor industry in the United States, along with further actions – from academia, government, investors and private industry – needed to secure the future.

Take-Aways

  • The United States passed the CHIPS Act to safeguard against future shortages of semiconductors.
  • The NSER (National Semiconductor Economic Roadmap) includes goals for infrastructure, the supply chain, the workforce and entrepreneurship in the US semiconductor industry.
  • A strong semiconductor industry needs a reliable supply chain, a steady flow of qualified workers and support for entrepreneurial efforts.

About the Authors

Ramiro Palma, Trey Sexton, Raj Varadarajan, Thomas Baker and Akash Bhatia are professionals with the Boston Consulting Group.