Chasing chip talent to keep the semiconductor boom alive

Science and Technology
Source : (remove) : Business Times
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Sun, December 15, 2024

[ Sun, Dec 15th 2024 ] - Business Times

Chasing chip talent to keep the semiconductor boom alive

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^{Published in Science and Technology on Sunday, December 15th 2024 at 16:22 GMT by Business Times}

THE rise of generative artificial intelligence (AI) will drive the market value of the global semiconductor industry to a staggering US$1 trillion by 2030, doubling its market size. Read more at The Business Times.

The article from The Business Times discusses the global competition for semiconductor talent amid a boom in the industry, driven by increasing demand for chips in various technologies. Companies and countries are aggressively seeking to attract and retain skilled engineers and technicians to maintain their edge in semiconductor manufacturing. This talent chase is fueled by the need to innovate and produce more advanced chips, as well as to address supply chain vulnerabilities exposed by recent global events. Governments are implementing policies like subsidies, educational programs, and immigration reforms to lure talent. For instance, the U.S. has introduced the CHIPS Act to bolster domestic semiconductor production, while countries like Taiwan, South Korea, and Singapore are also intensifying efforts to secure their workforce. The article highlights the strategic importance of human capital in the semiconductor industry, where expertise is as critical as the technology itself.

Read the Full Business Times Article at:
[ https://www.businesstimes.com.sg/international/global/chasing-chip-talent-keep-semiconductor-boom-alive ]

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