H.R. 2480: Securing Semiconductor Supply Chains Act of 2025
This bill, titled the Securing Semiconductor Supply Chains Act of 2025, aims to enhance the United States' semiconductor manufacturing capabilities through increased foreign investment. Here’s a breakdown of the primary components of the bill:
Purpose of the Bill
The bill seeks to coordinate efforts between the SelectUSA program, which is part of the Department of Commerce, and state-level economic development organizations. The goal is to boost foreign direct investment (FDI) in various segments of semiconductor-related manufacturing and production.
Key Findings
- Semiconductors are crucial for the economy and national security.
- The COVID-19 pandemic has highlighted vulnerabilities in the semiconductor supply chain, affecting economic recovery and employment.
- To secure the semiconductor supply chain, the U.S. needs to enhance domestic production, particularly in areas such as fabrication, advanced packaging, and the materials and equipment used in manufacturing.
- The government can attract FDI to strengthen domestic semiconductor capabilities.
Coordination with State Organizations
Within 180 days of the bill's enactment, SelectUSA will consult with state economic development organizations to:
- Identify ways the Federal Government can promote FDI in semiconductor production.
- Determine barriers to investment and explore how to enhance state efforts in attracting such investment.
- Point out public opportunities to encourage this investment.
- Recognize resource gaps or challenges these organizations face in increasing such investments.
Recommendations Development
Following consultations, SelectUSA is tasked with developing recommendations on how to increase foreign investment either independently or in partnership with state organizations. This includes ensuring that foreign adversaries do not benefit from U.S. efforts to attract investment.
Reporting Requirements
Within two years of the enactment, the Executive Director of SelectUSA must submit a report to the Senate and the House. This report will include:
- A review of feedback from state organizations.
- A description of activities undertaken by SelectUSA to increase semiconductor-related FDI.
- An assessment of strategies to secure the U.S. semiconductor supply chain, involving collaboration with federal agencies and state organizations.
No Additional Funding
The bill specifies that no additional funds will be authorized for carrying out its provisions.
Relevant Companies
- INTC (Intel Corporation) - As a major player in semiconductor manufacturing, Intel may benefit from increased investment in this sector.
- AVGO (Broadcom Inc.) - Increased foreign investment could bolster Broadcom’s operations in semiconductor technology.
- TSM (Taiwan Semiconductor Manufacturing Company) - A leader in semiconductor foundry services, TSM could see impacts from changes in foreign investment dynamics.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
3 bill sponsors
Actions
6 actions
Date | Action |
---|---|
Apr. 24, 2025 | Placed on the Union Calendar, Calendar No. 41. |
Apr. 24, 2025 | Reported by the Committee on Energy and Commerce. H. Rept. 119-64. |
Apr. 08, 2025 | Committee Consideration and Mark-up Session Held |
Apr. 08, 2025 | Ordered to be Reported by Voice Vote. |
Mar. 31, 2025 | Introduced in House |
Mar. 31, 2025 | Referred to the House Committee on Energy and Commerce. |
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