So I want people on site being able to tell people how they qualify, how they apply, how they get it done. And After years of importing 90% of our semiconductor chips, which, I might add, America invented, we passed the Chips and Science Act. And Science act has led private companies from around the world to come back. We used to have 40% of the market not too many years ago, and now we've got down to basically zero. (14:46–14:56)
CLAIM
Asserts that the U.S. was importing 90% of semiconductor chips before passing the Chips and Science Act.
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.