U.S. will be short 67,000 chip workers by 2030, industry group says

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Key Points

July 25 (Reuters) - The U.S. semiconductor industry faces a shortfall of roughly 67,000 workers by 2030, according to an industry association study published on Tuesday...

The chip industry's workforce is projected to grow to 460,000 by the end of the decade, up from roughly 345,000 this year..

But at the current rate that people are graduating from schools, the U.S. will not produce enough qualified workers to fill the increase, according to the study prepared by the Semiconductor Industry Association (SIA) and Oxford Economics...

"But with the CHIPS Act in particular, and the kind of the bending the arc of history towards more manufacture here on U.S. shores, it really kind of threw this acute problem into bold relief."..

The shortage of skilled chip workers is part of a larger shortfall of science, technology, engineering and math graduates in the U.S., according to the report..