Topics
3 signals
The U.S. semiconductor CVD equipment market is expected to grow at a compound annual growth rate of 6-8% from 2026 to 2035. This expansion, fueled by CHIPS Act initiatives, highlights new procurement opportunities for fabrication plants while posing challenges such as extended lead times and export control compliance.
New York State has launched the **Semiconductor Manufacturing Workforce Training Incentive Program**, offering up to **$25,000** in tax credits per employee and **$5 million** for manufacturers. This initiative aims to alleviate skilled labor shortages and bolster the semiconductor sector, promoting workforce development and upskilling for future industry needs.
The State of Texas has awarded a **$3.07 million** grant to Quantum Global Technologies to establish a semiconductor facility in Austin, creating **287 new jobs** and exceeding **$43 million** in capital investment. This aligns with Texas' strong semiconductor manufacturing strategies, promising procurement opportunities for related contractors and suppliers.