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Potential US semiconductor manufacturing boom complicated by Trump's economic policies
- In 2023, German company Bosch announced a $1.9 billion investment to manufacture electric vehicle chips in Greater Sacramento, creating up to 1,700 jobs.
- This investment builds on semiconductor industry growth predating the Trump administration's 'America First' trade policy, which introduced tariffs and import investigations complicating expansion.
- The U.S. Share of global chip production dropped from 37% in 1990 to 10% in 2022, despite the 2022 bipartisan CHIPS Act projecting to triple manufacturing capacity with government incentives.
- Barry Broome expressed that if the tariffs serve as a bargaining tool to secure improved trade deals within the upcoming few months, the situation will resolve promptly, allowing for positive outcomes.
- While some companies delay projects due to policy uncertainty, the Sacramento region is positioned as a key industry corridor with growing skilled workforce and increased domestic semiconductor manufacturing.
52 Articles
52 Articles
Helena Independent Record
Policies snarl chip industry boom
LOS ANGELES — Before "America First" became the Trump administration's mandate for foreign policy and trade, one sector already was working to bring back business to the United States: the semiconductor industry.
Foreign Affairs
Real Clear PoliticsA Playbook for Industrial Policy
What Washington can learn from CHIPS.
John’s Corner: Trump’s economics
So, to bring those among us who are low information citizens up to date; just as The Donald informed us would be the case before the election; that he would be dictator on day one, of course he made many other promises about what would happen on day one; ending several wars, causing the price of eggs and gasoline to suddenly plummet, etc.; all very far-fetched ideas that only a complete sucker would have put any stock in. But now, after over a h…
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