Semiconductor technology is crucial in powering the modern world, enabling essential functions such as communications, transportation, manufacturing, defense, and more. However, the United States’ share of microchip production had drastically declined from 37% to 12% in the last 30 years, highlighted during the COVID-19 pandemic when supply chain disruptions from East Asia exposed significant economic…
Mexico, the United States, and Canada have recently announced a joint effort to strengthen the semiconductor industry in North America. This effort will benefit all three countries, as well as the world by providing a secure supply of semiconductors for global markets. Here’s what you need to know about this new initiative. What is Being…
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