As the U.S. strives to develop stronger regional supply chains for several key components supporting the green transition, both the U.S. and Mexico are constructing large-scale microchip manufacturing facilities. The U.S. is increasingly looking to move away from its dependence on China for critical minerals and manufactured components vital to a green transition.
North America is expected to become a major hub for microchip manufacturing, despite playing a relatively minimal role in the global market at present. The global demand for semiconductors…North America's Microchip Revolution Is Underway
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