CHIPS USA: Rethinking the Global Supply Chain
Perhaps the most palpable of the pandemic’s economic aftershocks have been dramatic and widespread supply chain disruptions, which have upended expectations for businesses and consumers across the country and the world. Companies that rely on the production of semiconductor chips — think computer companies, automakers, and producers of any kind of “smart” device or system — have been hit especially hard. Rebooting American manufacturing could help prevent future disruptions, which is why Intel is planning a massive investment in new manufacturing facilities in Ohio. How might this affect the global supply chain? What are the key challenges? And what lessons can other companies hoping to follow suit take from Intel’s venture?