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Author: Sravan Kundojjala
Publication Date: Mar 10 2023
Pages: 12
Report Type: Insight, Word
Handset Components

CHIPS Act: Tech Sovereignty at Cost



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Report Summary:

The semiconductor market has seen unprecedented demand, shortages, and inventory - all in the span of 3 years, a typical semiconductor cycle. However, unlike previous cycles, the 2020-2022 cycle highlighted the strategic importance of semiconductors to economies.  Unsurprisingly, many nations, including the US, Japan, Europe, South Korea, India and others, rushed to announce incentives to attract semiconductor investments. In this Insight, we analyze the US CHIPS Act and its implications for the industry.

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