Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of H.R. 752, the Securing Semiconductor Supply Chains Act of 2023, sponsored by Ms. Eshoo of California and Mr. Pence of Indiana. I am pleased that we can look at ways to attract investment into our country as opposed to shifting more demands onto our taxpayers. This legislation requires SelectUSA to find ways that we can bolster foreign direct investment in U.S. semiconductor supply chains. Semiconductor technology powers much of our modern economy, including payment cards, automobiles, cell phones, and the list goes on. While we have led in chip design over the years, we have seen chip manufacturing and its surrounding supply chains shift overseas. Among the many lessons we learned from COVID-19 and the pandemic is that the United States must lead in both the design and production of semiconductor chips to ensure we do not fall behind China. Mr. Speaker, I encourage my colleagues to support this legislation, and I reserve the balance of my time.
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