Surprisingly, recent U.S. Presidents and congressional Democrats and Republicans agree America’s economic and national security hinge upon tiny, yet powerful semiconductors.

Semiconductor computer chips are the brains of modern electronics that operate our laptop computers, vehicles, and smart phones. They permeate every sector of our lives from farming and manufacturing to health care and public safety. They are embedded in our most advanced military equipment and weapons.

Sophisticated semiconductors are so small they can fit on the tip of your finger.

Our conundrum is the U.S. sha...