WASHINGTON, June 23 -- Sen. John Cornyn issued the following news release:

Today on the floor, U.S. Senator John Cornyn (R-TX) discussed the importance of maintaining U.S. strategic competition with China in critical industries and highlighted the progress that has been made in restoring American leadership in semiconductor manufacturing since his CHIPS for America Act (https://www.cornyn.senate.gov/news/bipartisan-bicameral-bill-will-help-bring-production-of-semiconductors-critical-to-national-security-back-to-u-s/) became law as part of the National Defense Authorization Act for Fiscal Year 2021 and was fully funded (https://www.cornyn.senate.gov/news/cornyn-praises-senate-passage-of-chips-funding/) by Congress through the bipartisan CHI...