US chip industry faces 157,000-worker shortfall by 2030, McKinsey warns
A new McKinsey and SEMI Foundation report projects the United States could be short by as many as 157,000 semiconductor workers by 2030, even as companies like Samsung, TSMC and Intel race to build new fabrication plants domestically. Samsung executive Jon Taylor told CNBC he's worried there simply aren't enough technically trained people entering the field to staff these facilities, including Samsung's $35 billion Taylor, Texas complex set to begin production this year.