Chips Acts' Role in Reshaping a Global Industry
Sriram Viswanathan, Celesta Capital
EETimes, June 16, 2023
While the U.S. and EU chip initiatives are a promising step forward, the capital influx alone is not a silver bullet.
As the world has navigated multiple macroeconomic and geopolitical challenges in recent years, one thing has become clear to global leaders: Semiconductors are indispensable.
Why chips, and why now?
Every aspect of modern life is touched by semiconductors. From consumer devices to automobiles, aviation, manufacturing, scientific research and even advanced military hardware, chips are increasingly woven into the fabric of our digital world. Indeed, the engines of today’s industries, economies and national security are powered by semiconductors. This means the control and reliability of our chip supply chains have taken on a new level of strategic importance. Furthermore, every sovereign government of any scale has no choice but to view semiconductors as a key element of national security and strategic advantage—or as a potential weakness.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
Related News
- ASIC firms split on role of fixed IP in new crop of 'lite' chips
- SkyWater to Acquire Infineon's Austin Fab and Establish Strategic Partnership to Expand U.S. Foundry Capacity for Foundational Chips
- M31's 12nm GPIO IP Adopted by C*Core Technology, Powering Innovation in Advanced Process Automotive Chips
- Frontgrade Gaisler Licenses BrainChip's Akida IP to Deploy AI Chips into Space
- AST SpaceMobile and Cadence Collaborate to Advance the World's First and Only Planned Space-Based Global Cellular Broadband Network
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks