The U.S. is getting close to putting a bill on President Biden’s desk that would allow the government to give chipmakers as much as $54 billion in subsidies to help boost the chip industry in the states. Companies like Intel (U.S.), TSMC (Taiwan), Samsung (South Korea), and others will be competing for some of that cash. Like the Trump administration before it, the Biden administration seeks to make the U.S. self-sufficient in terms of advanced chip production by building fabs in the states.
TSMC starts construction on its $12 billion Arizona fab
Currently the chip industry has been experiencing a shortage that has mostly affected the automobile companies although some consumer electronics firms have been impacted as well. Once the shortage is resolved, we can look forward to even more powerful and energy-efficient chips starting in the second half of 2022 when TSMC starts volume production of 3nm SoCs. Compared to current 5nm chips, performance of these 3nm components will rise 10% to 15% while saving energy consumption by 20% to 25%.