Semiconductors are a marvel of modern technology and the foundation of our digital world. The chips powering modern smartphones contain more than 15 billion transistors, each smaller than a virus and capable of switching on and off billions of times per second. The semiconductors at the heart of today’s AI data centers can contain hundreds of billions of transistors, a number so high that if you counted one transistor per second, it would take more than 6,000 years to count all the transistors on a single chip.
To win the competition for technology leadership in industries enabled by semiconductors, such as artificial intelligence, high performance computing, advanced communications, quantum, energy, and defense—the U.S. must reaffirm itself as the epicenter of innovation for the semiconductor industry’s newest technology paradigms. To this end, the U.S. is investing in high impact R&D programs to secure the next generation of semiconductor innovation.
“Winning the Chip Race” sets forth the U.S. semiconductor industry’s policy priorities for collaboration with the Trump Administration and the 119th Congress. Policymakers should advance U.S. semiconductor leadership through coordinated, complementary efforts to promote industry innovation and competitiveness while also protecting economic and national security.
The report projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032. The projected 203% growth is the largest projected percent increase in the world over that time.
The study also projects the U.S. will grow its share of advanced logic (below 10nm) manufacturing to 28% of global capacity by 2032, up from 0% in 2022. Additionally, America is projected to capture over one-quarter (28%) of total global capital expenditures (capex) from 2024-2032, ranking second only to Taiwan (31%). In the absence of the CHIPS Act, the U.S. would have captured only 9% of global capex by 2032, according to the report.
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.
