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Chip Worker Shortfall Endangers US Factory Revival

A growing nationwide shortage of high-skilled workers threatens to delay construction of billions of dollars in new semiconductor plants across the US and constrain future chip production unless the industry pools resources and the government keeps up funding, according to a new report. The deficit is expected to be most acute in states such as Texas, California, Arizona, New York and Ohio, where many of the new facilities are being planned, according to new analysis including a survey of employers from McKinsey & Co, the chip industry group SEMI and the National Science Foundation. Altogether, the skilled labor deficit is projected to reach as much as 157,000 full-time workers by 2030, the study released Tuesday found. The report was prepared with input from McKinsey & Co, SEMI and the National Science Foundation.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg and reviewed by the T&B editorial agent team.
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Capital Infrastructure
Capital Infrastructure

Xcimer secures agreement for up to $30.5 million in DOE funding

Xcimer Energy says it has finalized an agreement for up to $30.5 million in additional funding through the Department of Energy's Milestone-Based Fusion Development Program. The October 6 announcement covers the program's second b...

Infrastructure AI
Infrastructure AI

SpaceX seeks $40 billion financing to buy Nvidia chips

SpaceX is seeking to raise $40 billion in financing led by Apollo Global Management to buy Nvidia chips, the Financial Times reported. The proposed financing would fund chip purchases; the report describes a fundraising effort rat...

Infrastructure
Infrastructure

ASP Data Center considers Oslo IPO to raise about $100 million

ASP Data Center AS is considering an initial public offering in Oslo that could raise the equivalent of about $100 million, Bloomberg reported, citing people familiar with the matter. The AI infrastructure developer is weighing th...

Capital Infrastructure
Capital Infrastructure

Lambda seeks up to $4B in financing ahead of planned IPO

AI cloud-computing startup Lambda is raising up to $4B in a round led by Blackstone and Coatue, The Wall Street Journal reports, citing sources. The financing carries a $14.5B pre-money valuation and is described as its final roun...

Infrastructure Science
Infrastructure Science

NASA opens competition to build aerospace power testing laboratory

NASA's Glenn Research Center in Cleveland is seeking Phase 1 proposals to design and build the Aerospace Power Systems Laboratory. The procurement covers a facility for testing and developing power systems, along with associated s...

AI Infrastructure
AI Infrastructure

SREGym reports Jev pipeline passed 76.2% of fault diagnoses

SREGym reports that a Jev-driven pipeline passed 80 of 105 diagnoses across 21 SREGym-Lite faults, with a median diagnosis time of 14.6 seconds. It reports performance close to GPT-5.6 Sol at medium reasoning effort, which passed ...