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While the U.S. leads the world in semiconductor design, its overall share of chip manufacturing hovers around 10-12%. That tide may be turning as the Semiconductor Industry Association claims companies in the semiconductor ecosystem announced more than 90 new manufacturing projects in the U.S., totaling nearly $450 billion in investments across 28 states. However, a number of factors, including rising costs, geopolitical tensions and trade disruptions, are causing tech giants like Apple, Samsung, Dell and Nokia to find suppliers at new locations across Asia, as India, Malaysia, Thailand, Vietnam and Taiwan have emerged as the most prominent alternative suppliers to China for the technology industry.
—Tyler Fussner