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Potential US semiconductor manufacturing boom complicated by Trump’s economic policies
Before ‘America First’ became the Trump administration’s mandate for foreign policy and trade, one sector was already working to bring business back to the United States: the semiconductor industry.
Aided by government incentives, American and foreign tech companies alike have invested hundreds of billions of dollars to bolstering semiconductor operations — research and development, manufacturing and facility modernization — across the country in recent years. In few places is the growth of the U.S. semiconductor industry clearer than in the Greater Sacramento region, where tech leaders and lawmakers have, for years, sought to grow California’s role in producing the chips that power everyday necessities like cars, refrigerators and smartphones. German tech company Bosch, for example, announced a $1.9 billion investment in the Greater Sacramento area in 2023 to manufacture chips for electric vehicles, converting its facility in Roseville into a silicon carbide semiconductor production site.
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