SEMI Applauds President Biden, Bipartisan Congressional Leaders for Supporting Semiconductor Supply Chain Incentives

SEMI strongly supported the CHIPS for America Act, which included a refundable investment tax credit (ITC) to build U.S. semiconductor manufacturing capacity, a Commerce Department program to provide grants to semiconductor manufacturing projects, and authorizations for significant new semiconductor research programs and funding. The Fiscal Year 2021 National Defense Authorization Act signed into law this January authorized the Commerce Department and semiconductor research programs in the CHIPS for America Act but failed to provide new funding. SEMI supports enactment of all three major pillars of the CHIPS for America Act, which together will promote U.S. semiconductor research and manufacturing.

MILPITAS, Calif., 26/02/2021 (informazione.news - comunicati stampa - elettronica)

SEMI strongly supported the CHIPS for America Act, which included a refundable investment tax credit (ITC) to build U.S. semiconductor manufacturing capacity, a Commerce Department program to provide grants to semiconductor manufacturing projects, and authorizations for significant new semiconductor research programs and funding. The Fiscal Year 2021 National Defense Authorization Act signed into law this January authorized the Commerce Department and semiconductor research programs in the CHIPS for America Act but failed to provide new funding. SEMI supports enactment of all three major pillars of the CHIPS for America Act, which together will promote U.S. semiconductor research and manufacturing.

Attending the meeting with President Biden were Sens. Cornyn (R-TX), Warner (D-VA), Baldwin (D-WI), Blackburn (R-TN), Braun (R-IN), Duckworth (D-IL), Hassan (D-NH), and Portman (R-OH); and Reps. Matsui (D-CA), McCaul (R-TX), and Joyce (R-PA).

SEMI connects more than 2,400 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Technology Communities, defined communities within SEMI focused on specific technologies. Visit www.semi.org  to learn more, contact one of our worldwide offices, and connect with SEMI on  LinkedIn  and  Twitter .

Samer Bahou /SEMI
Phone: 1.408.943.7870
Email: sbahou@semi.org

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