Although the U.S. is a major producer of certain types of semiconductor chips, the nation’s share of global chip production measured by volume and not dollar value fell from 37% in 1990 to just 10% in 2022, according to the Semiconductor Industry Association. As a result, the country relies heavily on imports from Taiwan and South Korea for advanced chips.Aided by government incentives, American and foreign tech companies alike have invested hundreds of billions of dollars to bolstering semiconductor operations research and development, manufacturing and facility modernization across the country in recent years.But President Donald Trump’s economic policies have complicated that growth as the administration takes its next steps toward imposing more tariffs on key imports and launching investigations into imports of computer chips and chip-making equipment — all at a time when deeper semiconductor investments were just starting to have a positive impact on changing supply chains. Do you think that Trump will make America Great or kill it?
