Ross says he is ‘very worried’ about the U.S. semiconductor industry

Commerce Secretary Wilbur Ross is “very worried” about the semiconductor industry for reasons akin to those cited by the Trump administration in pursuing Section 232 national security investigations into steel and aluminum imports, he said Monday night. Ross, speaking at an event hosted by the Wall Street Journal, called the semiconductor industry the “basic building block” for “almost every” important technology product in effect now or “likely to go into effect.” “So, it’s a hugely important thing and...