February 28, 2024 /SemiMedia/ -- U.S. Commerce Secretary Raimondo said on February 26 that by 2030, the United States will produce one-fifth of the world's most advanced logic chips, supported by a domestic supply chain from raw materials to packaging.

Raimondo said that if the United States relies on Asia to provide the most advanced chips, the United States will not be able to lead the world, especially as artificial intelligence becomes the world's decisive technology.

"We believe our investment in cutting-edge logic chip manufacturing will put this country on track to produce approximately 20% of the world's cutting-edge logic chips by the end of the century," she said.

“I believe the United States can be home to the entire silicon supply chain that produces these cutting-edge chips — from polysilicon production to wafer fabrication to manufacturing to advanced packaging,” she added

In addition, Raimondo said the United States will also assist in the production of previous-generation chips, also known as mature node or legacy chips, in which China currently has a large share. These chips power everything from cars, medical equipment, defense systems to critical infrastructure.