US Semiconductor Industry Faces Critical Shortage of 86,500 Engineers Despite Expected Growth to $140 Billion by 2030

America's semiconductor industry races toward $140 billion by 2030 but faces a devastating talent crisis, needing 86,500 more engineers while only recruiting 1,500 annually, as critical supply chain dependencies on Asian imports threaten the entire expansion despite promises of 160,000 new jobs.

• The US semiconductor industry expects to nearly double to $140 billion by 2030, but more than half of required chemical supply chains lack sufficient domestic capacity to meet demand
• The industry faces a critical talent shortage with only 1,500 engineers joining annually while needing 88,000 by 2029, creating a significant workforce gap despite potential for 160,000 new jobs
• Supply chain vulnerabilities threaten growth as semiconductor production requires hundreds of ultra-high-purity chemicals and materials, with many critical inputs like hydrogen fluoride currently imported from Asia