Technology
33 Facts About Women in Technology
33 Facts About Women in Technology
Silicon Valley is known for a lot of things.
With a rich history of innovation and a healthy population of angel investors, there’s no doubt that it’s the startup capital of the world. Silicon Valley is also home to one of the craziest housing markets on earth.
However, a particularly negative association that many now have with the tech hub is with its sketchy track record with women. This lack of diversity in hiring is well-documented, and now that companies like Facebook, Uber, LinkedIn, and Snapchat are no longer bootstrapped startups, the pressure will continue to mount in addressing these concerns.
Women in Tech
Today’s infographic celebrates some of the most successful women in technology and business, while also highlighting workforce composition, female founders, and how companies can prioritize retention of women.
Here’s some of the facts we found interesting:
- Chicago is the city with the most female startup founders, with 30%. More on this here.
- The global average of startups founded by women is 20%.
- Female tech positions are growing 238% faster than their male counterparts.
- However, this is not translating to overall hiring ratios yet. Ebay is one of the more diverse companies, yet it only had 24% women on staff in 2015.
- The top venture capitalist in 2015, rated by Forbes, was Jenny Lee. She’s the Managing Partner of GGV Capital.
Original graphic by: Coupofy
Technology
All of the Grants Given by the U.S. CHIPS Act
Intel, TSMC, and more have received billions in subsidies from the U.S. CHIPS Act in 2024.
All of the Grants Given by the U.S. CHIPS Act
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors.
The grant amounts visualized in this graphic are intended to accelerate the production of semiconductor fabrication plants (fabs) across the United States.
Data and Company Highlights
The figures we used to create this graphic were collected from a variety of public news sources. The Semiconductor Industry Association (SIA) also maintains a tracker for CHIPS Act recipients, though at the time of writing it does not have the latest details for Micron.
| Company | Federal Grant Amount | Anticipated Investment From Company |
|---|---|---|
| 🇺🇸 Intel | $8,500,000,000 | $100,000,000,000 |
| 🇹🇼 TSMC | $6,600,000,000 | $65,000,000,000 |
| 🇰🇷 Samsung | $6,400,000,000 | $45,000,000,000 |
| 🇺🇸 Micron | $6,100,000,000 | $50,000,000,000 |
| 🇺🇸 GlobalFoundries | $1,500,000,000 | $12,000,000,000 |
| 🇺🇸 Microchip | $162,000,000 | N/A |
| 🇬🇧 BAE Systems | $35,000,000 | N/A |
BAE Systems was not included in the graphic due to size limitations
Intel’s Massive Plans
Intel is receiving the largest share of the pie, with $8.5 billion in grants (plus an additional $11 billion in government loans). This grant accounts for 22% of the CHIPS Act’s total subsidies for chip production.
From Intel’s side, the company is expected to invest $100 billion to construct new fabs in Arizona and Ohio, while modernizing and/or expanding existing fabs in Oregon and New Mexico. Intel could also claim another $25 billion in credits through the U.S. Treasury Department’s Investment Tax Credit.
TSMC Expands its U.S. Presence
TSMC, the world’s largest semiconductor foundry company, is receiving a hefty $6.6 billion to construct a new chip plant with three fabs in Arizona. The Taiwanese chipmaker is expected to invest $65 billion into the project.
The plant’s first fab will be up and running in the first half of 2025, leveraging 4 nm (nanometer) technology. According to TrendForce, the other fabs will produce chips on more advanced 3 nm and 2 nm processes.
The Latest Grant Goes to Micron
Micron, the only U.S.-based manufacturer of memory chips, is set to receive $6.1 billion in grants to support its plans of investing $50 billion through 2030. This investment will be used to construct new fabs in Idaho and New York.
-
Science1 week agoVisualizing the Average Lifespans of Mammals
-
Demographics2 weeks agoThe Smallest Gender Wage Gaps in OECD Countries
-
United States2 weeks agoWhere U.S. Inflation Hit the Hardest in March 2024
-
Green2 weeks agoTop Countries By Forest Growth Since 2001
-
United States2 weeks agoRanked: The Largest U.S. Corporations by Number of Employees
-
Maps2 weeks agoThe Largest Earthquakes in the New York Area (1970-2024)
-
Green2 weeks agoRanked: The Countries With the Most Air Pollution in 2023
-
Green2 weeks agoRanking the Top 15 Countries by Carbon Tax Revenue