1. United States
2. Wash.
3. Letter

The current semiconductor shortage threatens America's economic recovery and national security. This bipartisan legislation aims to boost foreign investment in domestic semiconductor manufacturing and production capacity. It recognizes the global nature of semiconductor supply chains and the need to onshore, reshore, or diversify vulnerable segments like fabrication, packaging, and materials. Doing so will support key industries, create jobs, enhance economic competitiveness, and bolster national security by securing essential technology supply chains. This legislation sensibly directs the SelectUSA program to coordinate with state economic development agencies to attract semiconductor investment. It's a pragmatic step towards rebuilding resilient domestic semiconductor capabilities by leveraging private capital and partnerships. This proactive approach to address systemic supply chain vulnerabilities merits support as it advances America's economic and security interests while accelerating the transition to cleaner energy technologies reliant on semiconductors.