Demand for semiconductors continues to grow as technology advances, with the global market expected to reach $1 trillion by 2030, supported by major U.S. investments to expand domestic production. Semiconductors, or chips, power everyday devices and critical technologies. The industry generated $526.8 billion in global sales in 2023 and supported 345,000 U.S. jobs in 2022. With significant U.S. investments, strong export activity, and nearly half of the global market share, developing a skilled semiconductor workforce is essential to support future innovation and meet rising global demand.

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