How data and analytics build a stable future for manufacturers

The CHIPS and Science Act promises a bright future for the U.S. semiconductor industry. The legislation aims to increase domestic production capacity, build a stronger workforce and encourage American innovation. But high-tech manufacturers can't sit around waiting to reap the benefits -- they must focus on revenue optimization now to set themselves up for success. Experts forecast semiconductor demand to surge 6-8 percent per year, requiring manufacturers to double current production. Despite the CHIPS Act inspiring $200 billion in new commitments to U.S. manufacturing, the industry is unlikely to experience significant production capacity growth for several years. What should companies… [Continue Reading]