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Sales hit highest-ever recorded numbers for the month of August; worldwide chip sales increase 3.5% month-to-month WASHINGTON—Oct. 4, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $53.1 billion during the month of August 2024, an increase of 20.6% compared to the August 2023 total of $44.0 billion and 3.5% more than the […]

by Erik Hadland, Director of Technology Policy

Today marks a significant milestone in the CHIPS for America initiative: the National Semiconductor Technology Center (NSTC) is officially open for membership. This landmark public-private partnership is set to strengthen U.S. semiconductor technology leadership, reduce time from lab-to-fab, and expand the semiconductor workforce. With membership now available, semiconductor companies, universities, nonprofits and research institutions, national […]

WASHINGTON—Sept. 24, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding the first finalized agreement to allocate incentives under the CHIPS and Science Act. The agreement between Polar Semiconductor and the U.S. Department of Commerce will support the expansion of Polar’s chip production capabilities in Minnesota. […]

WASHINGTON—Sept. 23 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer urging the House of Representatives to pass the Building Chips in America Act (S. 2228). The bipartisan legislation would maximize the positive impact of the CHIPS and Science Act by allowing certain semiconductor manufacturing projects incentivized […]

by Greg LaRocca, Director of Market Research and Economic Policy

The Semiconductor Industry Association (SIA) released its annual State of the Industry Report today. The report highlights opportunities for continued growth and innovation across the semiconductor industry and notes current and upcoming challenges to the industry’s sustained success. Last year, industry global sales reached $527 billion and nearly 1 trillion semiconductors were sold globally, more […]

WASHINGTON—Sept. 5, 2024—The Semiconductor Industry Association (SIA) today announced Greg LaRocca has joined the SIA team as director of industry research and economic policy. LaRocca will lead SIA’s industry statistics, data analytics, and market research work. “During this highly consequential time for the semiconductor industry, it is critical for SIA to provide accurate data and […]

Sales into the Americas jump 40.1% year-to-year to lead all markets; worldwide chip sales increase 2.7% month-to-month WASHINGTON—Sept. 3, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales hit $51.3 billion during the month of July 2024, an increase of 18.7% compared to the July 2023 total of $43.2 billion and 2.7% more […]

by John Neuffer, President and CEO

As we mark the second anniversary of the historic CHIPS and Science Act, one thing is clear. The world will continue to need more semiconductors to power the technologies of today and tomorrow, including artificial intelligence, smartphones, cloud computing, electric vehicles, and countless others. For decades, the United States was producing a diminishing share of […]

by Mary Thornton, Vice President, Global Policy

Semiconductors, the chips at the heart of modern technology, power just about every sector of the global economy. Innovation in key end-markets—such as AI, automotive, and industrial—are expected to propel the semiconductor industry to $1 trillion by 2030. To meet increasing demand for chips, semiconductor companies are committing billions of dollars in new investments over […]

The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Commerce Department and SK hynix. The incentives will help SK hynix expand its advanced packaging operations and R&D in Indiana. The Commerce Department previously announced incentives for a range of […]

WASHINGTON—August 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an increase of 1.7% compared to […]

by Molly O’Leary, Director of Government Affairs

by Zach Isakowitz, Director of Government Affairs

Bipartisan members of the House of Representatives this week moved to bolster U.S. leadership and global competitiveness in semiconductor design by introducing the Semiconductor Technology Advancement and Research (STAR) Act of 2024. The legislation aims to incentivize U.S. chip design by providing a 25% investment tax credit for design activities conducted in the U.S. Reps. […]