Semiconductor Industry Association: State of the U.S. Semiconductor Industry

The most important parts of the report are:

1. The U.S. retains global semiconductor sales leadership (50.4%), but government incentives have been necessary to reverse a decades-long sharp decline in domestic manufacturing capacity.

2. Over half-a-trillion dollars in private investment has been announced across 28 states, projected to triple U.S. chipmaking capacity by 2032 and support over 500,000 American jobs.

3. Sustaining this resurgence requires continuous high R&D investment (17.7% of revenue in 2024), policy improvements to boost global competitiveness, and addressing a projected 67,000-worker shortage by 2030