Manufacturing and Workforce
This commentary was originally published in Issues in October 2022.
The CHIPS and Science Act can provide the impetus to develop public-private partnerships and build regional innovation capacity to bolster manufacturing and innovation in the United States. But to succeed, these efforts must be matched by a long-term national commitment to invest in research, technology, and a qualified workforce.
Public-Private Partnerships Will Be Critical
New chip plants can help power a broader resurgence in U.S. manufacturing. Semiconductor fabrication plants, or “fabs,” tend to become the focal points of manufacturing and innovation clusters: concentrations of technology-intensive companies, large numbers of skilled workers, and academic institutions and training centers offering curricula relevant to chip design and production. New fab construction itself also directly and indirectly generates well-paid jobs and contributes to economic activity across a region.