H.R. 2480 — Securing Semiconductor Supply Chains Act of 2025

This section states congressional findings on the critical role of semiconductors in the U.S. and global economies and national security; the semiconductor shortage caused by the COVID-19 pandemic and supply chain issues; the need to secure the supply chain through onshoring, reshoring, or diversifying vulnerable segments such as fabrication, advanced packaging, and manufacturing materials and equipment; and the potential of the SelectUSA program to leverage foreign direct investment for domestic semiconductor production.

This section directs the Executive Director of SelectUSA—not later than 180 days after enactment—to solicit comments from state-level economic development organizations (1) to review federal efforts to support foreign direct investment in semiconductor-related production, barriers to such investment and ways to amplify state efforts, public opportunities identified by those organizations to attract such investment, and resource gaps or challenges impeding increased investment; and (2) to develop recommendations for how SelectUSA can increase such investment independently or in partnership with those organizations, and for working with U.S. allies and partners to ensure foreign adversaries (as defined in 47 U.S.C. 1607(c)(2)) do not benefit from U.S. efforts. (As background, SelectUSA is the Department of Commerce program that promotes and facilitates foreign direct investment in the United States.)

This section directs the Executive Director of SelectUSA, in coordination with the Federal Interagency Investment Working Group established by Executive Order No. 13577, to submit to the Senate Committee on Commerce, Science, and Transportation and the House Committee on Energy and Commerce, not later than two years after enactment, a report on increasing foreign direct investment in semiconductor-related manufacturing and production. The report must include (1) a review of comments received from state-level economic development organizations under section 4; (2) a description of SelectUSA's activities to increase such investment; and (3) an assessment of strategies SelectUSA may implement to increase such investment and secure the U.S. semiconductor supply chain, including by working with other federal agencies and state-level economic development organizations.