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John Cornyn: “By 2021, [the U.S.] produced 12% of the world's…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Cornyn Hails CHIPS Successes, Texas Semiconductor Boom

Published | Video Starts at 03:46

Today, more than 90% of the world's most advanced semiconductors are made other than in the United States, mainly Taiwan, but of course South Korea, where Samsung is located as well. Going back to 1990, the United States By 2021, [the U.S.] produced 12% of the world's semiconductors. But over time, we lost our advantage in this critical industry. By 2021, this figure had decreased to 12%. And by 2024, our share represented only 8% of the advanced semiconductors made in the world. (03:46)

CLAIM

Asserts that the U.S. produced 12% of the world's semiconductors by 2021.

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