LOS ANGELES -- The U.S. is set to more than triple its semiconductor manufacturing capacity and control almost 30% of advanced chipmaking by 2032, thanks in no small part to the CHIPS Act.
U.S. set to triple its semiconductor manufacturing capacity due to CHIPS Act

China has been fighting to beef up its chipmaking capabilities in the face of U.S. restrictions. (Nikkei montage/Source photo by Getty Images)
LOS ANGELES -- The U.S. is set to more than triple its semiconductor manufacturing capacity and control almost 30% of advanced chipmaking by 2032, thanks in no small part to the CHIPS Act.