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Introduced on March 31, 2025 by Greg Landsman
This bill aims to strengthen the U.S. semiconductor supply chain by bringing more foreign investment into chip-related manufacturing and production. It directs SelectUSA, a Commerce Department program that works to attract business investment, to coordinate with state economic development groups to grow factories, advanced packaging, and the materials and equipment needed for semiconductors. Congress explains that semiconductors are vital for the economy and national security, and that recent shortages hurt many industries; building up vulnerable parts of the supply chain through onshoring, reshoring, or diversifying is a key goal.
Within 180 days of enactment, SelectUSA must ask state groups for input on what federal steps would help, what barriers they face, where opportunities are, and what resource gaps exist, and develop recommendations, including working with allies and ensuring foreign adversaries do not benefit from these efforts. Within two years, SelectUSA must report to Congress on the comments received, its activities to increase investment, and strategies to better secure the U.S. semiconductor supply chain. No new funding is authorized for this work. In short, the bill uses SelectUSA to help attract private and foreign dollars to expand U.S. capacity in key parts of the chip supply chain.