The U.S. is the undisputed global leader in semiconductors, the key foundational technology for everything digital that has transformed all sectors of our economy – including the internet, telecommunications, transportation, health care, and more. The U.S. semiconductor industry is a major engine for U.S. economic growth and job creation. Semiconductors underpin the “must-win” technologies of the future, including artificial intelligence, 5G, and quantum computing. Many of today’s leading chips for cutting-edge applications are currently designed by U.S. companies. Continued American leadership in semiconductors is essential to America’s national security. Without access to secure semiconductors, the U.S. will not be able to field advanced weapons systems or defend its critical infrastructure.

To keep America on top in semiconductors and ensure the enduring strength of our country’s economy and national security, we call on U.S. government leaders to invest ambitiously in the U.S. semiconductor manufacturing ecosystem and in semiconductor R&D.

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1. Manufacturing Grants and Tax Incentives Establish a new manufacturing grant program, tax incentives, and targeted security investments to spur construction of new onshore advanced semiconductor manufacturing facilities in the U.S., including leading-edge logic foundries, advanced memory, and analog fabs to supply defense, critical infrastructure, and broader essential commercial needs.

2. R&D Investments Increase investment in semiconductor research – both basic and applied R&D — at federal research agencies (DoD, DoE, NSF, and NIST), manufacturing institutes, and semiconductor companies to strengthen U.S. technology leadershipand build the pipeline of talent neededfor future innovation.