📊Executive Summary

The article discusses the complexities of onshoring semiconductor production in light of geopolitical risks and recent supply chain disruptions. It highlights the importance of semiconductors in the digital economy and the significant investments being made by governments, such as the U.S. CHIPS and Science Act and the European Union Chips Act, to bolster domestic production capabilities. The article emphasizes that while these initiatives aim to enhance supply chain resilience, they may also disrupt existing collaborative models within the semiconductor industry. As companies adapt to these changes, procurement teams should closely monitor the evolving landscape to mitigate risks associated with supply shortages and geopolitical tensions....