Competing for the Future: Will America Maintain Its Tech Edge?
Semiconductors are the brains powering essential technologies. A shortage is hammering industries ranging from automotive to consumer electronics to equipment makers, making clear how critical semiconductors are to American economic competitiveness and national security. But the US share of global semiconductor manufacturing stands at just 12 percent today, down from near 40 percent three decades ago. Can government and industry work together to bolster this critical industry, increase capacity, and spur jobs and innovation? Can America take back its lead in a technology that was invented here? What other ways is US tech primacy at risk?