March 24 -- In an effort to expedite the implementation of the $52 billion Chip manufacturing subsidy Bill, the Senate Commerce Committee will hold a hearing on March 23 at 10 a.m. Et. The ceos of leading semiconductor companies, including Intel CEO Pat Gelsinger, Micron CEO Sanjay Mehrotra and Lam Research CEO Tim Archer, testified at the hearing. Calling on Congress to quickly pass the bill to support American-made chips.

It is worth mentioning that in the United States to testify before the senate hearings, kissinger especially in 23 hours in the morning local time, on the television channel CNBC and Fox Business news of finance and economics (Fox Business), talk about why the United States needs to take back to semiconductor industry leadership, and why Intel needs to earn the support of congress "chip".

The United States accounts for just 12 percent of global semiconductor manufacturing

Although major semiconductor manufacturers such as Intel and MicRON are headquartered in the United States, these companies are engaged in semiconductor manufacturing around the world. Intel, for example, has fabs in Israel, Ireland and mainland China in addition to operating in the United States. Intel also recently announced plans to build a fab in Germany. Micron also has several FABs outside the United States to make chips. Overall, semiconductor manufacturing in the United States is not strong.

According to the SIA, according to data from 2019, Taiwan semiconductor manufacturing capacity accounted for 20% of the global capacity, followed by South Korea, with a 19% share, Japan accounted for 17%, China accounted for 16%, the United States (13%), Europe (9%), the remaining 6% capacity mainly in Singapore, Israel, and the rest of the world. In 2020, the share of semiconductor capacity in Taiwan and South Korea has increased to 22% and 21% respectively, while that in Japan and China has fallen to 15%.

In 1990, the U.S. was the world leader in semiconductor manufacturing, with 37% of manufacturing capacity. In 2020, that share had fallen to 12%. This is largely due to the continuous outsourcing and offshoring of semiconductor manufacturing in the United States over the past 30 years.

In the interview, Kissinger also said: "In the current world, we rely too much on a few parts of the world to supply something as important as semiconductors. In the 1990s, Europe and America produced 80% of the world's semiconductors; Today it is only 20% in Europe and America, 12% in America and close to 80% in Asia. (actually 75 percent)"