
Logistic hindrances continue to mar the optimal productivity of the U.S. semiconductor industry. Moreover, Congress is yet to pass the $52 billion CHIPS Act.
However, the demand for semiconductor goods has been overwhelmingly strong. “Overall, the semiconductor industry remains on track to deliver another healthy year of growth as the super cycle that began in 2020 continues this year,” said Mario Morales, group vice president, Semiconductors at IDC.