The United States accelerates its action on chip manufacturing!
With the 2024 U.S. elections begin, it's clear that Biden will be a high-profile focus, with high-end chip manufacturing once again in focus. According to foreign media, Joebiden Biden (Joebiden Biden) in the United States is preparing to invest billions of yuan in funding for Intel, TSMC and other large companies in the next few weeks.
The funding is one of the $53 billion chip bill in the United States. So far, more than 170 companies have submitted applications, but enforcement of the law has been slow, and so far only a handful of less experienced chip producers have received small amounts of funding. The amount that has been announced is higher.
The notice is temporary, after which due diligence and final agreement will be made. Funds will be disbursed in phases depending on the progress of the project. Some members of Congress and industry** are concerned that it could take years for taxpayer-funded companies to produce chips in the U.S. due to licensing and other delays.
Intel, which is expected to receive a grant, is investing $435 billion in a chip factory in Arizona, Ohio, New Mexico and Oregon; Taiwan Semiconductor Manufacturing Company (TSMC) is building two new factories near Phoenix, with a total investment of up to 40 billion yuan. Samsung, the Dallas-based project cost 170 billion yuan. Micron Technologies, Texas Instruments, and silicon-based companies are also potential fundraisers.
According to Michael Schmidt, "We'll be announcing major improvements early this year. According to official U.S. data, the U.S. CHIPS Act has stimulated more than 200 billion yuan of investment by private companies. TSMC, based in Arizona, currently employs about 12,000 people a day.
The U.S. Patriot Act's provisions on labor and *** make the financing problem even more difficult. There is a shortage of skilled workers. According to the Semiconductor Industry Association, there will be a shortfall of 67,000 people in the industry by 2030, including technicians, computer scientists and engineers.
Note: Based on investment data released from May 2020 to December 2023 (data**: Semiconductor Industry Association).
TSMC said last week that the start date of the company's second plant in Arizona could be delayed by a year due to uncertainties over the U.S. stimulus package. Previously, GM had already postponed the opening date of its first plant from 2024 to the first half of 2025.
The National Environmental Policy Act enacted by the United States is the most immediate threat to construction projects. The Act requires large-scale, federally funded works, whether state** or local** approved, to undergo an environmental assessment before they can be funded. A federal** report said that a comprehensive evaluation between 2013 and 2018 took an average of 45 years. Critics say the cost of setting up a chip factory is at a rate of 5% per year**.
The U.S. Senate approved a bill that would require large-scale fried food projects to be exempt from review under the Environmental Policy Act, but the bill was not passed by the House of Representatives, in part because it feared that doing so would lower environmental standards.
According to industry leaders, consultations were hampered by unclear plans. Some company executives privately complain that the Commerce Department has so far not come up with enough plans. They also expressed concern about the terms of doing business in China, sharing too many benefits with the United States, and paying construction workers.
Jimmy Goodrich, an advisor at RAND, said: "The chip industry is capital-intensive, so companies have to be forward-looking. They will make large investments, such as purchasing equipment equivalent to 80% of the cost of production, until the market demand is confirmed and the stimulus policies have reached a level sufficient to compete globally.