1.15 Trillion Semiconductors a Year. Where Do They All Go?
August 24, 2022
By Russ Fordyce
Director of Marketing
President Biden signed the CHIPS and Science Act of 2022 into law, clearing the way for a historic $54 billion investment in semiconductor research and development in the United States. According to the U.S. House of Representatives, this strategic investment is designed to “tackle supply chain vulnerabilities to make more goods in America, revitalize America’s scientific research and technological leadership, and strengthens America’s economic and national security at home and abroad.”
As the owner and operator of an optical-based compound semiconductor fab in California, Infinera wanted to step back and take a holistic look at the semiconductor industry and answer some frequent questions we get about the industry. What do we use semiconductors for? How many of these things does the industry produce? Where are they made? Who makes them? And who is buying them?
Did you know that in 2021, 1,150,000,000,000 (1.15 trillion) semiconductors were shipped around the globe? That’s 148 for every person on earth…each year! Most are used in consumer goods, but the “servers, data centers and storage” category is expected to more than double in the next ten years.
Here are a few graphics to help you understand the importance of semiconductors.
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