The U.S. needs to figure this out asap:
A new study led by McKinsey finds that there will be a shortage of engineers and technicians in the U.S. semiconductor industry.Which may stall expansion plans for:- $Taiwan Semiconductor(TSM.US) ($265B in Arizona)- $Micron Tech(MU.US) ($100B in New York)- Samsung (Texas)- $Intel(INTC.US) ($28B in Ohio)All driven by only ~3% of U.S. engineering students who go on to work in the semis sector since AI labs etc poach them all with better salaries/benefits/equity.It's absolutely critical for the U.S. to figure this out some way or another to claw back capacity from Asia. Especially with Korea just announcing last week a near $600B investment w/ Samsung/SK Hynix to build more fabs.Which they'll easily fill with skilled technical workers since there seems to be some cultural prestige there attached to careers in semis. In the U.S. though, if shortages force fabs to run below planned utilization / push ramps out 1-2 years:The US just ends up w/ expensive + underutilized capacity while TSMC Taiwan & Samsung Korea keep compounding process learning at home.In turn, further strengthening their talent pipeline.
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