Cornyn Amendment to Bring Production of Semiconductors Back to U.S. Passes in NDAA
by John Cornyn on July 22, 2020 at 6:48 AM
Yesterday on the floor, I discussed my amendment to restore semiconductor manufacturing back to American soil, which passed this afternoon as part of the National Defense Authorization Act. Excerpts of my remarks are below, and video can be found here.
If the COVID-19 virus has taught us anything, it’s given us a clear picture of how vulnerable our unsecured supply chains are.
One of the biggest of these vulnerabilities we're facing today is a lack of domestic semiconductor manufacturing.
We need to bring those manufacturing jobs back to the United States and provide end-to-end security in our semiconductor supply chain.
If we're going to regain lost ground in semiconductor manufacturing and secure one of our most critical supply chains, it's going to take a strategic investment, and that's exactly where the CHIPS for America Act will deliver.
In short, it would stimulate domestic advanced semiconductor manufacturing and boost both our national security and global competitiveness. It will enable us to bring manufacturing of these critical devices back on to American soil, and eliminate this critical national security and economic vulnerability.
As we conclude our work on the National Defense Authorization bill, I'm glad the Senate has the opportunity to vote on this legislation as an amendment.
I hope our colleagues will all join me in supporting this legislation so that we can reclaim American leadership in semiconductor manufacturing, so we can support American jobs, and so we can invest in both a strong national security and our economy.