Friday, June 04, 2021

Governments and companies to invest nearly $ 1 trillion in new chip factories

It is the answer to the shortage of microprocessors that has affected the world since the end of last year and that will extend for several more years. They aim to meet a rising demand and be prepared for geopolitical conflicts, especially between the US and China.

The global shortage of microprocessors has generated strong responses from central governments, generally associated with the private sector, which have already announced projects worth some $ 1 trillion to be carried out in the next decade. Thus, they seek to have sufficient production to cover a demand that they foresee on the rise in the near future, but they also aim to ensure production within their borders in the event of an interruption in supply.

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