Politico: Midwest sets stage for US semiconductor leadership

Key Points

  • Thirty years ago, the U.S. was responsible for more than 30 percent of global chip production. Today, the U.S. represents just 12 percent. The U.S. will fall further behind unless companies and governments invest together in America’s future to build more chips here on domestic soil.

  • While Intel’s initial investment in Ohio is more than $20 billion, Intel's total investment in Ohio could grow to as much as $100 billion over the next decade. Smart government incentives will help growth to be faster and bigger.