The White House has unveiled a comprehensive plan aimed at bolstering semiconductor supply chains. In an effort to address the global chip shortage and strengthen the resilience of the semiconductor industry, the plan outlines various strategies and initiatives. The White House intends to work closely with industry partners, allies, and Congress to achieve these objectives.

The plan emphasizes the need to increase domestic semiconductor production and reduce reliance on foreign suppliers. It highlights the importance of investing in research and development to enhance semiconductor manufacturing capabilities within the United States. Additionally, the plan calls for the expansion of semiconductor manufacturing facilities, encouraging collaboration between industry leaders, and fostering innovation in chip design.

To support these efforts, the White House proposes funding initiatives to boost domestic chip production, advance research and development, and train a skilled workforce. It also intends to engage with international partners to strengthen cooperation on semiconductor supply chain resilience and promote fair trade practices.

By implementing this plan, the White House aims to mitigate vulnerabilities in semiconductor supply chains, ensure long-term availability of critical components, and maintain the United States' leadership position in technology and innovation. The plan underscores the importance of a robust and secure semiconductor ecosystem to support various industries, from automotive and healthcare to telecommunications and national security.