The United States currently produces 12 percent of the world's semiconductors, down from 37 percent historically, and while it cannot return to 37 percent, it can improve beyond the current 12 percent through realistic onshoring efforts.
factualpending
Speaker
Larry OrvilleEvidence Quote
“We once produced 37 percent of all the world's semiconductors it's now 12 percent we're not going to get up to 37 percent again but we can do better than 12 percent”
Source
Silicon Triangle: The United States, Taiwan, China, And Global Semiconductor Security— Hoover InstitutionCreated: 8/12/2026, 6:09:35 PM
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