Technology's capabilities seem endless, and along with them, there comes nearly an equal demand for commercial real estate, specifically to deliver semiconductor chips.
An additional 200 million square feet could be required in the U.S. over the next decade as rapid technological advancements increase demand, and the country vies to regain global market share to support electric vehicles, artificial intelligence and the like, according to Savills.
Currently, there are 94.9 million square feet of commercial real estate dedicated to the chip industry supporting functions ranging from design and fabrication to research and development.
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