U.S. Semiconductor Production Leads Second-Quarter Manufacturing Kickoffs

SUGAR LAND--April 1, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--As the global chip shortage persists and the Russia-Ukraine war disrupts semiconductor manufacturing, the need for more production in the U.S. grows each day. Industrial Info is tracking almost $24 billion in U.S. semiconductor projects planned to kick off in the second quarter, led by the construction of two chip manufacturing plants from Intel Corporation (NASDAQ:INTC) (Santa Clara, California). That amount accounts for more than one-third of the Industrial Manufacturing Industry's total investment value of planned project starts in the quarter.

Companies featured: Intel Corporation (NASDAQ:INTC) and Microsoft Corporation (NASDAQ:MSFT)