Computing Power and Competition: Examining the Semiconductor Ecosystem

House Energy and Commerce Committee
   Commerce, Manufacturing, and Trade Subcommittee
2123 Rayburn

04/15/2026 at 02:00PM

Subcommittee hearing.

Hearing memo

Witnesses:

  • Jason Grebe, Senior Vice President Corporate Planning, Intel
  • Jason Oxman, President and CEO, Information Technology Industry Council Witness Testimony
  • Dr. Charles Wessner, Nonresident Senior Advisor, Renewing American Innovation Program, Center for Strategic and International Studies (CSIS)
  • Asad Ramzanali, Director of AI and Technology Policy, Vanderbilt Policy Accelerator, Vanderbilt University

The U.S. global market share in semiconductor manufacturing capacity is in decline. In 1990, the U.S. had a 37 percent share of global manufacturing capacity, but by 2022, the U.S. held just 10 percent.