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Strengthening US Semiconductor Production: Investment and Supply Chain Security

This act aims to boost semiconductor manufacturing in the United States by attracting foreign investment. This is intended to ensure stable supplies of critical components for various industries, potentially leading to greater product availability and price stability, while also strengthening national security and the economy.
Key points
Promoting foreign investment in US semiconductor production to prevent future shortages.
Strengthening the security of semiconductor supply chains, crucial for the economy and national security.
Federal government collaboration with state economic development organizations to attract investment.
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Status: Passed House
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Additional Information
Print number: 119_HR_2480
Sponsor: Rep. Landsman, Greg [D-OH-1]
Process start date: 2025-03-31