The United States used to be a leader in semiconductor production, but its share of global output dropped from 37 percent in 1990 to just 12 percent in 2019. That helps explain why the country now faces serious supply issues. Rob and Jackie sat down with John Zysman, a professor emeritus at UC Berkeley and co-founder/co-director of the Berkeley Roundtable on the International Economy, to discuss why U.S. semiconductor production is down, what it portends, and how America can regain its footing in the industry.

Mentioned:

• Stephen S. Cohen and John Zysman, Manufacturing Matters: The Myth of the Post-Industrial Economy, (Basic Books, 1987).

Related:

• Rob Atkinson, “Potato Chips, Computer Chips: Yes, There Is a Difference” (ITIF, December 2020).
• Rob Atkinson, “Computer Chips vs. Potato Chips: The Case for a U.S. Strategic-Industry Policy” (ITIF, January 2022).
• Stephen Ezell, “Incentives Essential to Ensuring America Possesses a Leading Semiconductor Industry” (ITIF, February 2022).