U.S. is seizing the moment on chips and semiconductors – why can’t Canada?
In August, the United States passed the CHIPS and Science Act, authorizing about US$280-billion in new funding to spur research and production in semiconductors, a key component in the valuable computer chips that are at the heart of most things we use. Moving quickly, in September U.S. President Joe Biden attended a ribbon-cutting ceremony for new multibillion-dollar Intel chip production facility in Ohio and then in December, Mr.
Among Canadian semiconductor companies, there’s a lively debate about whether Canada should ultimately pursue its own long-term goal of a domestic semiconductor fabrication plant, or whether we should focus on value-chain niches where we can play to our strengths. Canada was once a leader in semiconductors. But without foresight into how critical this sector has become, ourfor the hollowing out of valuable companies including Tundra Semiconductor in 2009, DALSA in 2010, and Gennum Corp. in 2012.
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