If we had the right person sitting in that seat, that would have never happened 20 and 30 years ago. When you look at the chip business, it would have never left our shores. We had 100% of chips originally, and then we slowly got taken down to nothing. We have the biggest chip companies, both of them, but we have the biggest in the world coming in. (21:38–21:44)
CLAIM
Asserts that the U.S. originally produced all its chips domestically but lost this capacity over time.
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.
