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Press Release: 10/04/24

Global Semiconductor Sales Increase 20.6% Year-to-Year in August

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 […]

Market Data
Press Release: 09/24/24

SIA Applauds Finalization of First CHIPS Award for Polar Semiconductor

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. […]

Domestic ManufacturingSupply Chain Security
Press Release: 09/23/24

SIA Urges House Passage of Bipartisan Bill to Streamline Environmental Review of CHIPS Projects

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 […]

Domestic ManufacturingEnvironment, Health & SafetySupply Chain Security
Press Release: 09/05/24

Greg LaRocca Joins SIA as Director of Industry Research and Economic Policy

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 […]

Press Release: 09/03/24

Global Semiconductor Sales Increase 18.7% Year-to-Year in July

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 […]

Market Data
Press Release: 08/16/24

SIA Applauds CHIPS Act Incentives for Texas Instruments Manufacturing Facilities

Preliminary agreement includes up to $1.6 billion in direct funding to support three 300mm semiconductor wafer fabs under construction in Texas and Utah WASHINGTON—Aug. 16, 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 Texas Instruments (TI). The preliminary agreement […]

Domestic ManufacturingWorkforce & Immigration
Press Release: 08/07/24

SIA Applauds CHIPS Act Incentives for SK hynix

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 […]

Domestic ManufacturingResearch
Press Release: 08/05/24

Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023; Quarter-to-Quarter Sales Up 6.5%

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 […]

Market Data
Press Release: 08/01/24

Dr. Aart de Geus, Synopsys Executive Chair and Founder, to Receive Semiconductor Industry’s Highest Honor

Industry luminary who pioneered EDA technology to accept 2024 Robert N. Noyce Award at SIA Awards Dinner on Nov. 21 WASHINGTON—August 1, 2024—The Semiconductor Industry Association (SIA) today announced Dr. Aart de Geus, Synopsys executive chair and founder, has been selected as the 2024 recipient of SIA’s highest honor, the Robert N. Noyce Award. SIA […]

Press Release: 07/30/24

SIA Urges Senate Passage of Tax Relief for American Families and Workers Act

WASHINGTON—July 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer, urging Senate approval of the House-passed Tax Relief for American Families and Workers Act (H.R. 7024). The legislation, which the Senate is expected to vote on later this week, includes two provisions critical to the semiconductor […]

TaxTrade
Press Release: 07/30/24

SIA Applauds House Introduction of Legislation to Establish Investment Tax Credit for Semiconductor Design

WASHINGTON—July 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in the U.S. House of Representatives of bipartisan legislation that would expand the CHIPS and Science Act’s 25% investment tax credit to include investments in semiconductor design, the critical and high-value-add mapping of […]

Chip Design
Press Release: 07/26/24

SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona

WASHINGTON—July 26, 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 Amkor. The incentives, which are part of the CHIPS and Science Act, will support Amkor’s advanced packaging operations in Arizona. The Commerce Department previously […]

Domestic ManufacturingSupply Chain Security