Labor crisis in U.S. chip manufacturing leaves Samsung, TSMC desperate for talent

As AI companies propose slowing down model development on concerns about the technology's rapid and scary advancements, another issue on the hardware side of the industry might be forcing them to decelerate. Manpower is at the heart of the world's ability to make enough chips to power artificial intelligence, and the U.S. now faces a shortage of up to 157,000 semiconductor workers by 2030, according to a new report from McKinsey and the SEMI Foundation. "I'm concerned," said Jon Taylor, executive vice president of Samsung's semiconductor division in Austin, Texas, in an interview with CNBC. "We just don't see that there's enough technical people in the pipeline." Only 3% of U.S.