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Semiconductors

Tiny electronic components, often called microchips or computer chips, that are essential for nearly all modern electronic devices, from phones and computers to cars and medical equipment.

Foreign Direct Investment (FDI)

An investment made by a company or individual in one country into business interests in another country, often by establishing new facilities or buying existing ones.

SelectUSA

A program within the U.S. Department of Commerce designed to promote and facilitate business investment into the United States from around the world.

Supply Chain

The entire process of making and selling a product, including all the steps from getting raw materials to delivering the finished item to a customer.

Onshoring/Reshoring

The process of bringing manufacturing or other business operations back to the United States from a foreign country.

Economic Development Organizations

Groups, usually at the state or local level, that work to attract businesses, create jobs, and stimulate economic growth in their area.