The semiconductor industry is at the heart of global technology innovation, powering everything from smartphones to satellites. With the passage of the CHIPS and Science Act in 2022, the U.S. is making a significant push to reclaim its dominance in chip manufacturing, supported by $52.7 billion in funding. Industry giants like TSMC, Intel, and Samsung have pledged billions in investments, aiming to create 115,000 jobs by 2030.

But a critical issue threatens this ambitious goal: an alarming shortage of skilled talent.

The Workforce Challenges in Semiconductor Manufacturing

Despite the surge in job creation, a recent report by the Semiconductor Industry Association (SIA) reveals a talent shortfall that could leave 67,000 of the anticipated roles unfilled by 2030. The unfilled positions will span various skill levels, including:

• Technicians (39%) with certificates or two-year degrees
• Engineers (35%) with bachelor’s degrees
• Advanced Engineers (26%) with master’s or doctoral degrees

This shortage is compounded by factors such as:

• Competition for skilled labor from other high-demand industries
• Employee retention challenges in roles requiring long hours and high stress
• Pipeline issues due to insufficient degree completions in relevant fields

Why This Matters

Without a robust talent pipeline, the U.S. semiconductor industry faces potential delays, increased labor costs, and diminished returns on investments. Companies like TSMC have already postponed the opening of key facilities, highlighting the urgency of addressing this workforce gap.

Solutions to Close the Talent Gap

The semiconductor industry is taking proactive steps to build a sustainable workforce:

1. Academic Partnerships
   Companies like TSMC, Intel, and GlobalFoundries are collaborating with universities and community colleges to develop specialized training programs and apprenticeships. Arizona State University and Maricopa Community Colleges, for example, have launched initiatives to train technicians and engineers.
2. Apprenticeship Programs
   TSMC’s Registered Technician Apprentice program provides hands-on learning opportunities, addressing the immediate need for skilled technicians.
3. Policy Recommendations
   Advocacy groups are urging the Department of Commerce to require CHIPS Act recipients to offer:

1. Diversity and Inclusion Efforts
   Attracting underrepresented groups, including women and minorities, can broaden the talent pool and bring fresh perspectives to the industry.

How TPD Can Help Semiconductor Companies Thrive

Navigating these workforce challenges requires expert guidance and innovative solutions. TPD is a leader in workforce planning and recruitment for the semiconductor industry, offering services tailored to meet the sector's unique needs.

We specialize in:

• Sourcing hard-to-find talent: Our extensive network ensures access to both active and passive candidates.
• Workforce retention strategies: We help you build a resilient workforce with programs designed to reduce turnover.
• Custom hiring solutions: From technicians to engineers, we deliver scalable hiring strategies that align with your organizational goals.

Future-Proof Your Semiconductor Workforce with TPD

The U.S. semiconductor industry stands at a critical crossroads. Addressing the talent gap today will ensure a thriving future for this vital sector.

If your organization is ready to overcome hiring challenges and secure the talent needed to grow, TPD is here to help.

Contact us today to learn how our recruitment solutions can support your workforce needs.