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Strategic industries

The technologies that decide the future.

Semiconductors, computing, aerospace, and dual-use systems sit at the intersection of economic and national security. We develop projects that rebuild domestic capacity in the technologies that matter most.

01

By the numbers

America designs the chips; it stopped making most of them.

The U.S. share of global chip fabrication fell from over a third to about a tenth — the gap CHIPS Act investment now aims to close.

U.S. share of global semiconductor fabrication capacityPercent of world total

Source: Semiconductor Industry Association / BCG.

12%

U.S. share of global chip fabrication capacity in 2020, down from 37% in 1990.

SIA / BCG

203%

Projected growth in U.S. semiconductor capacity, 2022–2032 — the fastest in the world.

SIA / BCG, 2024

$7.86B

Largest finalized CHIPS Act award (Intel), spanning fabs in AZ, NM, OH, and OR.

U.S. Dept. of Commerce, 2024

Share vs. output

Capacity share fell. Output kept climbing.

Global fab-capacity share and domestic output tell opposite stories: even as America’s slice of world capacity shrank, the volume of chips actually produced on U.S. soil rose by more than a third in five years.

U.S. semiconductor productionIndex, 2017 = 100

Source: Federal Reserve Board, G.17 Industrial Production, retrieved via FRED (series IPG3344S).

03

Common questions

About technology & defense.

Technologies with both commercial and defense applications — semiconductors, aerospace systems, advanced computing — where domestic capacity serves economic and national-security ends at once.

Semiconductors, computing, aerospace, and dual-use systems sit at the intersection of economic and national security. Domestic capacity in them serves both ends at once, which is why they are developed deliberately rather than left to chance.

Projects that rebuild domestic capacity in semiconductors, advanced computing, aerospace, and other dual-use systems — the technologies whose supply and production most affect national capability.

Chips underpin nearly every modern industry and defense system, yet advanced production is highly concentrated abroad. Rebuilding domestic capacity reduces a dependence that reaches across the whole economy.

Applied America develops and coordinates projects with the relevant partners and requirements, respecting the sensitivities of dual-use and defense-adjacent work. It convenes and structures rather than taking on roles that belong to government or contractors.

Technology and aerospace firms, research institutions, workforce partners, states and regions, and sponsors — coordinated because these capabilities depend on suppliers, talent, and facilities that no single actor holds.

With a semiconductor, computing, aerospace, or dual-use opportunity brought forward for review, then developed as a project that strengthens domestic capacity in that technology.

The capital intensity of these facilities, specialized workforce needs, supply-chain readiness, and any applicable requirements. Capacity in advanced technology is built over long horizons, and development is paced accordingly.

Sustained coordination through the stages of a technology project, framed institutionally rather than as a fee, with scope defined together as the opportunity advances.

Continued reliance on concentrated foreign production leaves both the economy and national security exposed to disruption. Developing domestic capacity narrows that exposure, though it demands long-term investment and coordination.

04

Developing a strategic-technology project?

Bring us a semiconductor, computing, aerospace, or dual-use opportunity to develop.

Technology, Aerospace & Defense — Applied America