A new joint report by the Semiconductor Industry Association and the Boston Consulting Group finds the U.S. government has a strategic opportunity to reverse the decades-long trajectory of declining chip manufacturing in America, strengthen national security and make our supply chains more resilient, and make our country one of the most attractive places in the world to produce semiconductors, which are the brains of modern technology.

To seize this opportunity, the report finds the federal government must invest boldly in chip manufacturing incentives to make the U.S. more cost-competitive with countries that have offered robust government incentives for years. Doing so would expand chip manufacturing in the U.S., strengthen our country’s economy and national security, and fortify America’s semiconductor supply chains.

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