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Howard Lutnick: “We want [to reach] 40 or 50% production of semiconductors…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Commerce Secretary Lutnick on AI, Anthropic and Canada Talks

Published | Video Starts at 07:01

By the end of the term, we want that shovels in the ground building. And it won't all be complete, but there'll be shovels in the ground building it. Yeah, to get us to We want [to reach] 40 or 50% production of semiconductors [in the U.S.]. And the idea is very simple and it's been very successful with pharmaceuticals. Build it here and you won't pay a tariff while you're building market. (07:01–07:03)

CLAIM

Asserts a goal for U.S. semiconductor production to reach 40-50%.

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