COTD: Chips Ahoy!
COTD = Chart of the Day
…the largest [new semi fabs] of which are planned in Arizona, New York, Ohio, and Texas—are expected to create jobs and boost domestic production of semiconductors. However, the industry faces challenges in recruiting and retaining talent, particularly engineers and technicians. – McKinsey
We are not a big plan of Industrial policy, and we believe U.S. policymakers have a misplaced notion of what really matters. Ask Tim Cook,
China has moved into very advanced manufacturing, so you find in China the intersection of craftsman kind of skill, and sophisticated robotics and the computer science world. That intersection, which is very rare to find anywhere, that kind of skill, is very important to our business because of the precision and quality level that we like. The thing that most people focus on if they’re a foreigner coming to China is the size of the market, and obviously it’s the biggest market in the world in so many areas. But for us, the number one attraction is the quality of the people. – Tim Cook, Apple CEO
Source: https://global-macro-monitor.com/2024/06/10/cotd-chips-ahoy/
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