Texas Leading the Way to Boost Domestic Semiconductor Manufacturing
Thanks to the CHIPS for America Act, which I authored with Senator John Cornyn, Texas is leading the charge in boosting domestic manufacturing of semiconductor chips, which power everything from your toaster and cellphone to even our most advanced weapons systems. This week, Senator Cornyn and I participated in a fireside chat at Texas A&M’s Semiconductor Summit to discuss how our bill is bolstering U.S. national security and Texas’ economy.
Before the bill’s passage, 90% of the world’s most advanced semiconductors were produced in Taiwan, an island under the Chinese Communist Party's military intimidation and coercion, and the U.S. produced none. But thanks to the CHIPS Act, America is set to produce nearly 30% of these chips, which are critical to national security programs in the next few years.
Texas A&M and the University of Texas are playing critical roles in the semiconductor production, from research and design to manufacturing and packaging. With their help, we are decreasing our reliance on vulnerable foreign supply chains and creating a thriving semiconductor ecosystem in Central Texas.
So far, companies like Samsung, Globalwafers, and Texas Instruments have already planned to invest $100 billion in our state alone! I look forward to continued investment in the industry, bringing more high-paying jobs and opportunities to Texas. The Lone Star State will always remain a cornerstone of the future of the global semiconductor landscape.