A semiconductor is made up of millions of transistors to process information for various technology devices like laptops, cellphones and electronics within vehicles and heavy-duty trucks.
According to the Semiconductor Industry Association (SIA), global demand for semiconductors has increased 10-20% over the last few years. Demand is projected to continue to grow 5% annually until 2030.
In order to keep up with that demand, the association found that manufacturing capacity would need to increase...
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