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Press Release: 05/13/24

SIA Applauds CHIPS Act Incentives for Polar Semiconductor’s Manufacturing Operations in Minnesota

WASHINGTON—May 13, 2024—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 Polar Semiconductor. The incentives, which are part of the CHIPS and Science Act, will support the expansion of Polar Semiconductor’s chip production capabilities in Minnesota, […]

Chip DesignDomestic ManufacturingSupply Chain SecurityWorkforce & Immigration
Press Release: 05/08/24

America Projected to Triple Semiconductor Manufacturing Capacity by 2032, the Largest Rate of Growth in the World

U.S. forecast to increase its domestic chip manufacturing by 203% in the decade following enactment of the CHIPS and Science Act—and expand its share of the world’s total fab capacity for the first time in decades—according to new Semiconductor Industry Association/Boston Consulting Group report focused on the global chip supply chain WASHINGTON—May 8, 2024—The Semiconductor […]

Chip DesignDomestic ManufacturingResearchSupply Chain SecurityTrade
Press Release: 05/07/24

First-Quarter Global Semiconductor Sales Increase 15.2% Year-to-Year; March Sales Tick Down 0.6% Month-to-Month

WASHINGTON—May 7, 2023—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $137.7 billion during the first quarter of 2024, an increase of 15.2% compared to the first quarter of 2023 but 5.7% less than the fourth quarter of 2023. Sales for the month of March 2024 decreased 0.6% compared to February 2024. […]

Market Data
Press Release: 04/30/24

SIA Statement on Senate Commerce Committee Legislation that Funds CHIPS & Science Programs

WASHINGTON—April 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from Vice President of Government Affairs David Isaacs in support of provisions included in legislation pending before the Senate Commerce Committee that would fund critical CHIPS & Science Act programs. “SIA supports provisions in legislation pending before the Senate Commerce Committee that include […]

Chip DesignDomestic ManufacturingResearch
Press Release: 04/25/24

SIA Commends CHIPS Act Incentives for Micron’s Manufacturing Projects in New York and Idaho

WASHINGTON—April 25, 2024—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. Department of Commerce and Micron. The incentives, which are part of the CHIPS and Science Act, will support the development of Micron’s memory chip production facilities in New […]

Domestic ManufacturingResearchSupply Chain SecurityWorkforce & Immigration
Press Release: 04/17/24

Aaron Woolf, Dylan Peterson Join SIA Team

WASHINGTON—April 17, 2024—The Semiconductor Industry Association (SIA) today announced Aaron Woolf and Dylan Peterson have joined the SIA team. Woolf will serve as director of global policy for economic security and Peterson will be a communications associate. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. “The […]

Press Release: 04/15/24

SIA Applauds CHIPS Act Incentives for Samsung Manufacturing Projects in Texas

WASHINGTON—April 15, 2024—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. Department of Commerce and Samsung. The incentives, which are part of the CHIPS and Science Act, will support Samsung’s manufacturing operations in Texas. The Commerce Department previously announced […]

Domestic ManufacturingResearch
Press Release: 04/08/24

SIA Applauds CHIPS Act Incentives for TSMC’s Advanced Manufacturing Operations in Arizona

WASHINGTON—April 8, 2024—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. Department of Commerce and TSMC. The incentives, which are part of the CHIPS and Science Act, will support TSMC’s new advanced manufacturing operations in Arizona. The Commerce Department […]

Domestic ManufacturingResearch
Press Release: 04/03/24

Global Semiconductor Sales Increase 16.3% Year-to-Year in February

Year-to-year market growth in February is largest since May 2022; worldwide chip sales decrease 3.1% month-to-month WASHINGTON—April 3, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $46.2 billion during the month of February 2024, an increase of 16.3% compared to the February 2023 total of $39.7 billion but a decrease of […]

Market Data
Press Release: 03/20/24

SIA Applauds CHIPS Act Incentives for Intel Projects

WASHINGTON—March 20, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Intel Corporation. The incentives, which are part of the CHIPS and Science Act, will support four Intel manufacturing projects in Arizona, Ohio, Oregon, and […]

Domestic ManufacturingResearch
Press Release: 03/07/24

President Biden Highlights Importance of Strong U.S. Semiconductor Supply Chains During State of the Union Address

WASHINGTON—March 7, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer regarding President Biden’s State of the Union address. “During tonight’s State of the Union address, President Biden highlighted the initial progress made in implementing the landmark CHIPS and Science Act, which is on track to greatly […]

Domestic ManufacturingResearch
Press Release: 03/04/24

Global Semiconductor Sales Increase 15.2% Year-to-Year in January

Year-to-year market growth in January is largest since May 2022; worldwide chip sales decrease 2.1% month-to-month WASHINGTON—March 4, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $47.6 billion during the month of January 2024, an increase of 15.2% compared to the January 2023 total of $41.3 billion but a decrease of […]

Market Data