The U.S. aims to reverse its decline as a semiconductor manufacturer by increasing its share of the global market for advanced chips to 20% by 2030.
Credit: Dragon Claws/Alamy Stock Photo
The atrophying of American semiconductor manufacturing prowess mirrors a broader offshoring-driven deindustrialization that has diminished defense readiness. While the U.S. still leads the world in chip design, its share of production has fallen to 12% from 37% in 1990, according to the Washington...
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