The U.S. share of global semiconductor manufacturing has declined precipitously in recent years; it’s now at 12% and falling. This creates big risks for our supply chains, not only for computers, but for all the other products that rely on semiconductors to run – from cars, to appliances, to military systems, and beyond. Intel is stepping up to address this imbalance by spending $20 billion to build two state-of-the-art chip fabrication facilities in Arizona. These ”fabs” will help ease our reliance on foreign-made semiconductors, and provide thousands of new, high-quality jobs. But Congress needs to help level the playing field.
The U.S. share of the semiconductor manufacturing market has fallen to 12%
Intel is spending over $20 billion to address this gap and encourage American innovation by building two new U.S. fabs
There is a need for Congress to take action to level the playing field with foreign competitors