Semiconductors Power the Modern World

Semiconductors enable the systems and products that we use to work, communicate, travel, entertain, harness energy, treat illness, make new scientific discoveries, and more.

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For decades, federal government and private sector investments in semiconductor research and development (R&D) have propelled the rapid pace of innovation in the U.S. semiconductor industry, making it the global leader and spurring tremendous growth throughout the U.S. economy. This report analyzes the impact of federal investments in semiconductor R&D on U.S. economic growth, job creation, and our country’s technology leadership.

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COVID-19

In response to the global coronavirus pandemic, the semiconductor industry is focused on ensuring the health and safety of its workers, contributing to the effort to combat the virus, and sustaining the continuity of the critical systems and technologies that underpin modern society.

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2020 State of the U.S. Semiconductor Industry

Our country’s leadership in semiconductors is a big reason America has the world’s largest economy and most advanced technologies. The U.S. industry, however, faces a range of challenges, including the COVID-19 pandemic, rising cost of innovation, declining share of global manufacturing, and geopolitical instability.

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47%
The U.S. semiconductor industry is the worldwide leader with nearly half of global market share.
1,250,000+
The industry directly employs nearly 250,000 people in the U.S. and supports more than 1 million additional U.S. jobs.
#5
Semiconductors are a top-5 U.S. export along with airplanes, refined oil, crude oil, and automobiles.
1/5
The U.S. industry invests about one-fifth of revenue in R&D, among the most of any sector.

Who We Are

SIA is the voice of the semiconductor industry, one of America’s top export industries and a key driver of our economic strength, national security, and global competitiveness.

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