U.S., Mexico, Canada set to step up nearshoring efforts on chips

U.S., Mexican and Canadian officials this week plan to launch a trilateral “competitiveness” committee as they deepen efforts to grow North American semiconductor supply chains. The three countries will announce the cabinet-level committee during an inaugural “North American Semiconductor Conference” set to kick off on Thursday in Washington, DC, according to Max Hamilton, director for North American affairs at the National Security Council. Hamilton and other officials spoke about the two-day event, hosted by the Semiconductor Industry Association and Arizona...