Within the US, you guys just passed a USD52b semiconductor spend!The supply shortages have been a massive problem across every industry I can think of. I don’t see much motivation to create a semiconductor manufacturer in the States - especially with $15/hr minimum wage on its way in…that would drive electronic costs through the roof. So I honestly fear this is a shortage that will not end anytime soon and it has already begun to impact company values and sales projections.
Semiconductor costs aren't as much dependent on wage prices as say the retail clothing market as it is highly mechanised. Motivation is to be less reliant on non-US allies for key components. Costs may be higher than current chip prices though and it will take years to get these new fabs operational