The share of U.S. shipped capacity of semiconductor chips slipped from 37% to 12% over the last 20 years. Some experts attribute the decline to competitor countries’ government-driven investments in R&D and other domestic incentives. The CHIPS Act, passed by the Senate in June 2021, includes more than $50 billion for manufacturing subsidy programs and R&D initiatives to “rebalance” the United States’ position within the semiconductor industry. How does the U.S. position in semiconductor manufacturing compare to its competitiveness in other critical industries? How can the United States build robust international partnerships with other countries to mitigate geographic sourcing concentrations and encourage global supply chain resilience?

During this meeting, GUIRR members and guests considered how and where the United States can leverage investments in its innovation ecosystem to support supply chain and manufacturing in critical sectors.

Speakers:
Erica Fuchs, Professor of Engineering and Public Policy at Carnegie Mellon University
Celia Merzbacher, Executive Director of the Quantum Economic Development Consortium
Chris Toffales, President of CTC Aero
Ronnie Chatterji, Chief Economist at the U.S. Department of Commerce