Funding the CHIPS for America Act: A Matter of Economic and National Security

Key Points

  • Semiconductors are foundational technology, but America's share of chip manufacturing is just 12 percent.

  • The Senate passed funding for the CHIPS Act in June. It's time for the House of Representatives to act.

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The only way to alleviate the current supply-demand imbalance and to prevent future shortages is to increase manufacturing capacity; funding the CHIPS for America Act is a critical component to enable that. Review the PDF to learn more.