Cornyn Op-Ed: CHIPS Act Will Help America Win the AI Race with China
· Texas Border Business
U.S. Senator John Cornyn (R-TX) emphasized the importance of the CHIPS for America Act in a recent op-ed, highlighting its role in reshoring semiconductor manufacturing amid the competitive landscape with China. He noted that the U.S. currently holds a slight edge in semiconductor design but lags in production, with 90% of advanced chips made in Taiwan. The CHIPS Act, alongside the CHIPS and Science Act, allocated $40 billion for manufacturing incentives and $13 billion for research and workforce development. Cornyn urged other states to leverage federal investments to enhance their semiconductor industries and create high-paying jobs.
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