📊Executive Summary

The U.S. is set to increase its semiconductor manufacturing capacity by 203% over the next decade, driven by the CHIPS and Science Act. This growth will mark a significant shift, as the U.S. expands its share of global fab capacity for the first time in decades. The Semiconductor Industry Association and Boston Consulting Group report highlights the implications for the global chip supply chain, emphasizing the importance of domestic production in mitigating supply risks and enhancing technological competitiveness. This expansion is crucial for procurement teams to monitor, as it may influence sourcing strategies and pricing dynamics in the semiconductor market....