- Science & Technology
- Understanding the Effects of Technology on Economics and Governance
Semiconductors are essential to technologies ranging from smartphones and artificial intelligence to satellites and advanced weapons systems. Yet the concentration of advanced chip manufacturing in Taiwan leaves the global supply chain vulnerable to geopolitical disruption, while high development costs, expanding energy demands, and shortages of skilled workers constrain future growth. For America, meeting these challenges will require investment in domestic manufacturing, continued advances in chip design and computing efficiency, and a coordinated effort to develop and retain semiconductor talent. The policies adopted today will help determine America’s long-term technological competitiveness, economic prosperity, and national security.
