Kathy Manning: “The CHIPS and Science Act is critical legislation to ramp up American production of semiconductor chips. Our economy…”

“The CHIPS and Science Act is critical legislation to ramp up American production of semiconductor chips. Our economy relies on these chips, which are key components in everything from cell phones to cars to advancing national security measures. By increasing production here in America, we will onshore a critical capability, reduce dependence on foreign manufacturers, and lower costs for hardworking families. The United States invented the semiconductor chip. We used to make 40 percent of the world's chips. Now, we make 12 percent, leaving key industries vulnerable to foreign interference. It is high time we counter the threat posed by countries like China and Russia and bring this industry home. The CHIPS and Science Act does just that, and this investment helps North Carolina chip manufacturers, including Qorvo and IQE, major employers in my home district, to ramp up production and create good- paying jobs. Madam Speaker, I proudly cast my vote to send the CHIPS Act to the President's desk. I am ready to see this legislation work for North Carolinians and for the country. ____________________”