U.S. GDP impact from semiconductor industry 2020, by channel
In 2020, the economic impact of the semiconductor industry on the United States' gross domestic product (GDP) was a total of 246.4 billion U.S. dollars. The indirect channel of the semiconductor industry, which typically comes from the supply chain, was the largest contributor to U.S. GDP, with 98.6 billion U.S. dollars. The induced channel of the semiconductor industry, which comes from wage spending, was also noteworthy in its contribution to U.S. GDP.