Semiconductor Sovereignty Act

This bill requires the Secretary of Commerce to produce detailed reports on U.S. semiconductor manufacturing and research trends, including offshoring patterns since 1990, supply chain vulnerabilities, and national security implications. It mandates an initial report within 240 days of enactment, covering critical inputs (like photomasks and software), bottlenecks, and the role of foreign entities, with annual updates thereafter. The reports must assess impacts on the economy, security, and supply chains, while identifying strategies to disincentivize offshoring and boost domestic production. The bill does not create new funding or regulations but focuses solely on gathering data to inform future policy decisions.