Latest News

Press Release: 02/19/24

SIA Commends CHIPS Act Incentives for GlobalFoundries Projects

WASHINGTON—Feb. 19, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the semiconductor manufacturing incentives announced by the U.S. Department of Commerce and GlobalFoundries. The incentives, which are part of the CHIPS and Science Act, will support three GlobalFoundries manufacturing projects in New York […]

Domestic ManufacturingResearch
Press Release: 02/14/24

New Report Suggests India Can Expand Role in Global Semiconductor Value Chains with the Right Policies

WASHINGTON AND NEW DELHI—Feb. 14, 2024—The Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) today welcomed the release of a report evaluating India’s existing semiconductor ecosystem and policy frameworks and offering recommendations to facilitate longer-term strategic development of complementary semiconductor ecosystems in the U.S. and India. The report, titled “Assessing India’s […]

Trade
Press Release: 02/09/24

SIA Applauds Launch of Over $5 Billion in CHIPS R&D Investments, Workforce Initiatives

Administration announces launch of National Semiconductor Technology Center as well as funding for chip workforce, other programs WASHINGTON—Feb. 9, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the administration’s launch of over $5 billion in semiconductor R&D investments through the National Semiconductor Technology Center (NSTC), as […]

ResearchWorkforce & Immigration
Press Release: 02/05/24

Global Semiconductor Sales Decrease 8.2% in 2023; Market Rebounds Late in Year

Worldwide industry sales totaled $526.8 billion in 2023; market grew during second half of year and sales are projected to increase by 13.1% in 2024 WASHINGTON—Feb. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, […]

Market Data
Press Release: 01/31/24

SIA Applauds House Passage of Tax Relief for American Families and Workers Act

WASHINGTON—Jan. 31, 2024—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending House passage tonight of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of immediate domestic R&D expensing and the United States-Taiwan Expedited Double-Tax […]

ResearchTax
Press Release: 01/23/24

SIA Statement on the Tax Relief for American Families and Workers Act

WASHINGTON—Jan. 23, 2024—The Semiconductor Industry Association (SIA) today released the following statement from vice president of government affairs David Isaacs in response to the introduction in Congress of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of domestic R&D expensing and the […]

Tax
Press Release: 01/16/24

SIA Commends Appointment of Deirdre Hanford as CEO of NSTC Operator Natcast

WASHINGTON—Jan. 16, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding the appointment of industry veteran Deirdre Hanford as CEO of the National Center for the Advancement of Semiconductor Technology (Natcast), the operator of the National Semiconductor Technology Center (NSTC) consortium. The NSTC is a critically important […]

Research
Press Release: 01/09/24

Global Semiconductor Sales Increase 5.3% Year-to-Year in November

November marks first month of year-to-year market growth in over a year; worldwide chip sales increase 2.9% month-to-month WASHINGTON—Jan. 9, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $48.0 billion during the month of November 2023, an increase of 5.3% compared to the November 2022 total of $45.6 billion and 2.9% […]

Market Data
Press Release: 01/04/24

SIA Applauds Announcement of New CHIPS Incentives

WASHINGTON—Jan. 4, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the semiconductor manufacturing incentives announced today by the U.S. Department of Commerce and Microchip Technology. The incentives, which are part of the CHIPS and Science Act, will support Microchip’s manufacturing projects in Colorado […]

Domestic ManufacturingResearch
Press Release: 12/11/23

Commerce Department Announcement Marks Milestone in CHIPS Implementation

Commerce Department Announcement Marks Milestone in CHIPS Implementation WASHINGTON—Dec. 11, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the first semiconductor manufacturing incentives announced by the U.S. Department of Commerce as part of the CHIPS and Science Act. “Today’s announcement represents an important […]

Domestic ManufacturingResearch
Press Release: 12/05/23

SIA Statement on the Advancement of U.S.-Taiwan Tax Legislation

WASHINGTON—Dec. 5, 2023—The Semiconductor Industry Association (SIA) today released the following statement from vice president of government affairs David Isaacs in response to congressional action last week to advance legislation to resolve double taxation and other tax matters between the U.S. and Taiwan. “We thank Senate Finance Committee Chair Wyden (D-Ore.) and Ranking Member Crapo (R-Idaho), Senate […]

Tax
Press Release: 12/04/23

Global Semiconductor Sales Increase 3.9% Month-to-Month in October; Annual Sales Projected to Increase 13.1% in 2024

October increase marks eighth consecutive month of month-to-month market growth; worldwide chip sales down 0.7% year-to-year in October WASHINGTON—Dec. 4, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $46.6 billion during the month of October 2023, an increase of 3.9% compared to the September 2023 total of $44.9 billion but 0.7% […]

Market Data