Oxford Economics and the Semiconductor Industry Association released a report in July showing that there are expected to be 85,000 new technical jobs available in the industry by 2030. Still, the report projects that up to 80% of these available jobs may go unfilled.

Slowdowns in immigration are proving to be one of the main factors leading to the labor shortage, with foreign workers making up one-third of the semiconductor industry’s labor force.

Taiwan’s TSMC, which was scheduled to open a plant in Arizona in 2024, revealed that a shortage of workers has led the company to postpone its opening. “While we are working to improve the situation, including sending experienced technicians from Taiwan to train the local skilled workers for a short period of time, we expect the production schedule of N4 process technology to be pushed out to 2025,” Chairman Mark Liu explained.

The post American Semiconductor Industry Threatened By Labor Shortage appeared first on theprimarymarket.com.

TSMC announced the plans to start production of 5-nanometer semiconductors in 2024 at its $12 billion factory back in 2021. The chip maker then committed to open a second plant in the state last year, with the value of its U.S. investment rising to $40 billion. It will mark one of the largest foreign investments in U.S. history.

However, things haven’t gone smoothly for TSMC as expected. The company’s chairman Mark Liu told analysts during an earnings call on Thursday that the production delay is caused by a lack of “skilled workers” that can install the necessary equipment for the production start.

Liu added that TSMC is working on speeding things up and will send workers from their Taiwan plants to give the necessary training to the U.S. technicians.

TSMC’s decision to push back production for one year might have an impact on Apple, considering the company previously announced it will use TSMC chips manufactured in the U.S. for its future products. The iPhone maker might be forced to either bring its own production to a halt or to find alternative suppliers.

The post Chip Maker TSMC Delays Start of Production in Arizona Plant Until 2025 appeared first on theprimarymarket.com.

Detailing the project, Micron said that the New York facility would be the largest of its kind in the United States.

“This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come,” said Micron CEO Sanjay Mehrotra as part of the announcement.

Micron’s semiconductor factory will not only boost the domestic chip supply but will also result in an influx of new jobs. The company claims that the project will create 9,000 “high-paying jobs” at Micron and as many as 50,000 new jobs overall.

 The announcement comes less than two months after the CHIPS and Science Act came into effect. The new act promises more than $50 billion in subsidies for projects that would increase semiconductor production in the U.S. and help the domestic chip market be competitive in the international market.

The post Micron Announces Plans to Spend $100 Billion on a Semiconductor Factory in New York appeared first on theprimarymarket.com.

Oxford Economics and the Semiconductor Industry Association released a report in July showing that there are expected to be 85,000 new technical jobs available in the industry by 2030. Still, the report projects that up to 80% of these available jobs may go unfilled.

Slowdowns in immigration are proving to be one of the main factors leading to the labor shortage, with foreign workers making up one-third of the semiconductor industry’s labor force.

Taiwan’s TSMC, which was scheduled to open a plant in Arizona in 2024, revealed that a shortage of workers has led the company to postpone its opening. “While we are working to improve the situation, including sending experienced technicians from Taiwan to train the local skilled workers for a short period of time, we expect the production schedule of N4 process technology to be pushed out to 2025,” Chairman Mark Liu explained.

The post American Semiconductor Industry Threatened By Labor Shortage appeared first on theprimarymarket.com.

TSMC announced the plans to start production of 5-nanometer semiconductors in 2024 at its $12 billion factory back in 2021. The chip maker then committed to open a second plant in the state last year, with the value of its U.S. investment rising to $40 billion. It will mark one of the largest foreign investments in U.S. history.

However, things haven’t gone smoothly for TSMC as expected. The company’s chairman Mark Liu told analysts during an earnings call on Thursday that the production delay is caused by a lack of “skilled workers” that can install the necessary equipment for the production start.

Liu added that TSMC is working on speeding things up and will send workers from their Taiwan plants to give the necessary training to the U.S. technicians.

TSMC’s decision to push back production for one year might have an impact on Apple, considering the company previously announced it will use TSMC chips manufactured in the U.S. for its future products. The iPhone maker might be forced to either bring its own production to a halt or to find alternative suppliers.

The post Chip Maker TSMC Delays Start of Production in Arizona Plant Until 2025 appeared first on theprimarymarket.com.

Detailing the project, Micron said that the New York facility would be the largest of its kind in the United States.

“This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come,” said Micron CEO Sanjay Mehrotra as part of the announcement.

Micron’s semiconductor factory will not only boost the domestic chip supply but will also result in an influx of new jobs. The company claims that the project will create 9,000 “high-paying jobs” at Micron and as many as 50,000 new jobs overall.

 The announcement comes less than two months after the CHIPS and Science Act came into effect. The new act promises more than $50 billion in subsidies for projects that would increase semiconductor production in the U.S. and help the domestic chip market be competitive in the international market.

The post Micron Announces Plans to Spend $100 Billion on a Semiconductor Factory in New York appeared first on theprimarymarket.com.