jobs directly and over a million indirectly. export sector, supporting a quarter million U.S. Semiconductors represent the fifth-largest U.S. Semiconductors have never been more essential to our economic and national security.
technology leadership with significant economic and national security implications. supplied 37% of the world’s chips, but that has fallen to 12% today, undermining U.S. Foreign state subsidies created a ~30% cost advantage for foreign chipmaking plants, and the result of that advantage is startling: in 1990, the U.S. Other countries, especially in Asia, made deliberate investments to build powerful chipmakers in their own countries. once led the world in semiconductor manufacturing, but we have fallen behind. They also power the advanced technologies that keep us safe. Semiconductors are the brains behind the technology that permeates all our interactions―the global communications network, every social media interaction, every retail experience, and every vehicle, hospital, farm and factory floor― creating societal and economic value around the globe.
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