Gov. Greg Abbott on Sunday touted Texas for its innovation amid the global chip shortage crisis that is impacting the production of automobiles and consumer electronics, declaring that his state will be the “home of semiconductor manufacturing going forward.”
In an interview on Fox News’ “Sunday Morning Futures,” the Republican governor touched upon the chip crisis, which is estimated to cost the auto industry $210 billion globally in lost revenue in 2021, and said that the United States had mistakenly outsourced chips from foreign countries such as China.
