Want a stronger economy? More jobs? Greater national security? Fewer product shortages?
These all require strengthening domestic semiconductor research, design, and manufacturing.
So why has the U.S. share of global modern semiconductor manufacturing declined so much?
Other countries provide ambitious government incentives to increase semiconductor manufacturing capacity. The U.S. must level the global playing field and encourage the production of more chips on American shores.
America must invest in domestic chip research, design, and manufacturing.
A $52 billion investment would:
Create hundreds of thousands of American jobs, strengthening America’s high-tech workforce
Spur hundreds of billions in domestic private investments, ensuring the U.S. remains the world’s foremost economic powerhouse
Secure critical supply chains for all industries
Reinforce national security infrastructure and cement American defense leadership
Enable the U.S. to capture a significant share of the upcoming high-tech manufacturing boom
Urge Congress to Pass Bipartisan Competitiveness and Innovation Legislation that Strengthens U.S. Semiconductor Leadership
America is falling behind in the global innovation race.
Much of the world has ramped up their investments in chip research, while U.S. investments have remained flat. America cannot afford to lose more ground in this critical space.
2/3 of Americans want a stronger domestic semiconductor ecosystem.
Want a stronger economy and greater security? Semiconductors are the answer.
Technology is advancing, and the world is becoming smarter, greener, more efficient, and better connected. But this progress and the systems and products Americans rely on are founded on the high-end semiconductors that are already in short supply—and demand will only continue to rise.
Now is the time for the U.S. to invest boldly in domestic chip research, design, and manufacturing by passing the Bipartisan Innovation Act to create the jobs and power the innovation that is foundational to America’s future.
