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Scott Lingren ’88 Discusses U.S. Semiconductor Expansion with Secretary of Commerce Gina Raimondo
Scott Lingren ’88 Discusses U.S. Semiconductor Expansion with Secretary of Commerce Gina Raimondo
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Scott Lingren ’88, and several other U.S. semiconductor company leaders met with Secretary of Commerce Gina Raimondo in Austin, Texas, on March 1 to discuss plans to expand U.S. production of semiconductor chips. Secretary Raimondo is overseeing the CHIPS Act — $52.7 billion in funding to expand U.S.-based semiconductor manufacturing, R & D, and workforce development.
Semiconductors control the computers we use to conduct business, as well as the internet; the mobile devices we use to communicate; the cars and planes that get us from place to place; the machines that diagnose and treat illnesses; the military systems that protect us; and the electronic gadgets we use to listen to music, watch movies, and play games, just to name a few uses.
Semiconductor production expansion is already planned in the U.S. by many chipmakers, including Intel, Samsung, TI, Wolfspeed, Global Wafers, Microchip, and TSMC. Schunk Xycarb Technology, a critical supplier to semiconductor manufacturers where Lingren is president and global managing director, expects to break ground mid-2023 on a new production facility to help keep up this huge increase in demand.