CHIPS Act: Securing Semiconductor Supply - [Business Breakdowns, EP.167]

Workforce Ecosystem

The development of a robust workforce ecosystem is crucial for the success of the semiconductor industry in the U.S. Todd Fisher emphasizes the importance of collaboration between companies, state and local economic development groups, and workforce development entities to build this ecosystem 1. He highlights the allocation of specific funds to support workforce development in regions like upstate New York, Taylor, Texas, and Phoenix, Arizona 1. This collaborative effort aims to address challenges such as upfront costs and infrastructure needs, ensuring a steady supply of skilled labor 1.

   

Educational Partnerships

Educational partnerships play a pivotal role in building a trained workforce for the semiconductor industry. Fisher discusses the need for an iterative approach that involves engaging with educational institutions to develop a curriculum that meets industry demands 2. He notes that the workforce team evaluates applications based on their workforce plans, ensuring they have the right talent for their fabs 2. This long-term effort includes creating a workforce center of excellence to leverage best practices across the country 3.