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Joe Biden: “After years of importing 90% of our semiconductor chips from…”

Featuring: Joe Biden, Democrat | Former President of the United States | National

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President Joe Biden's 2024 DNC Remarks: History Is In Your Hands

Published | Video Starts at 16:42

Because that's who we are. How can we be the strongest nation in the world without leading the world in science and technology? After years of importing 90% of our semiconductor chips from abroad, which America invented those chips, our chips and science act meant that private companies from around the world are now investing literally tens of billions of dollars to build new chip factories right here in America. And over that period, they'll create tens of thousands of jobs. And many of those jobs in the so called fabs, the building that make the chips that are being constructed now. (16:42–17:06)

CLAIM

Asserts that the Chips and Science Act is leading to significant investment in U.S. chip manufacturing.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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