After the COVID gowns over the last couple of years, you all felt the impact of the semiconductor chip shortage. When I started in the auto industry, okay? So I'm seasoned. I'm not old. But It wasn't that long ago we were making more than 40% of those chips in this country. Now that number is less than than 12%. You saw what happened. Unfinished vehicles were parked by the thousands in lots meant to hold finished cars. Workers, many of you were laid off. (14:19–14:24)
CLAIM
Asserts that the U.S. used to produce over 40% of semiconductor chips.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.