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The global chip shortage that began in 2020 revealed just how vital semiconductors are across the industrial sector, from cars to consumer electronics. Demand for these components outpaced supply, leaving manufacturers scrambling. In response, the U.S. is taking decisive action to increase domestic chip production, leveraging investments and innovation to secure a stable supply for the future.

Here’s a closer look at the factors driving this shift and the key players transforming U.S. semiconductor manufacturing.