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How CHIPS Act Can Save US Semiconductor Industry & Rebuild Tech Dominance

3 mins read
How CHIPS Act Can Save US Semiconductor Industry & Rebuild Tech Dominance
Cameron Chehreh

Over the past few decades, the United States’ share of global semiconductor chip manufacturing has been steadily shrinking as other countries and competitors have expanded their footprint in this critical area. Last year, the U.S. made a move that could rebalance the scales when the CHIPS and Science Act of 2022 was passed into law, injecting billions of dollars into domestic chip production and innovation.

Executive Mosaic spoke with 2023 Wash100 Award winner Cameron Chehreh, vice president and general manager of Intel’s public sector business, in an exclusive video interview to learn more about why this moment in the microelectronics industry is so important and how the CHIPS Act will play a role in the country’s journey toward rebuilding its technological advantage.

Catch Chehreh moderating the panel discussion at the 2023 Microelectronics Forum, hosted by ExecutiveBiz, on July 25! Meet government decision makers, network with industry leaders and learn from experts in the field at this in-person event. Register here to save your spot.

Intel co-founder Gordon Moore discovered more than 50 years ago that the number of transistors in an integrated circuit doubles about every two years. Today, half a century later, the next generation of Moore’s law is emerging as experts are reaching 1 billion transistors on a single chip.

“Now we’re coming into this second wave where semiconductors have become even more potent and more powerful on the world stage,” Chehreh said in conversation with Executive Mosaic’s Summer Myatt.

With the ubiquity of smartphones, connected devices and sensors, people today are ingesting and creating more content and data than ever before, making the digital economy increasingly important on the global stage. Chehreh asserted that the CHIPS Act is really investing in silicon as the heart of the American tech industry, and the legislation is paving the way for continuous and rapid innovation.

“The government and the policymakers and everyone that has supported the CHIPS Act really has taken a forward-leaning, progressive view of where the digital economy is moving to, and they’ve taken the proper investment steps to be able to make sure that this industry can flourish, we can mitigate risk in supply chain of what we learned during the pandemic and really look at some sort of prosperous future for the digital economy,” he explained.

Watch Cameron Chehreh’s full video interview here, and be sure to join him at the 2023 Microelectronics Forum on July 25 — register here.