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Latest News

Press Release: 06/06/24

Global Semiconductor Sales Increase 15.8% Year-to-Year in April; New Industry Forecast Projects Market Growth of 16.0% in 2024

Worldwide chip sales increase 1.1% month-to-month in April, marking first month-to-month growth of 2024 WASHINGTON—June 6, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $46.4 billion during the month of April 2024, an increase of 15.8% compared to the April 2023 total of $40.1 billion and 1.1% more than the March […]

Market Data
Press Release: 05/24/24

SIA Applauds CHIPS Act Incentives for Absolics Project in Georgia

WASHINGTON—May 24, 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 Absolics, an affiliate of the Korea-based SKC. The incentives, which are part of the CHIPS and Science Act, will support the construction of a 120,000 […]

Domestic ManufacturingSupply Chain Security
Blog: 05/23/24

SIA Outlines Industry Recommendations for the National Semiconductor Technology Center

by Erik Hadland, Director of Technology Policy

SIA today released a set of recommendations to promote the success of the National Semiconductor Technology Center (NSTC), a critical public-private research consortium established by the CHIPS and Science Act. SIA’s recommendations synthesize the most up-to-date industry consensus and priorities. The CHIPS & Science Act included the most significant federal investment ever made in chip […]

Chip DesignEnvironment, Health & SafetyResearch
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
Blog: 05/02/24

Fueling U.S. Semiconductor Competitiveness: Open Markets Abroad

by Mary Thornton, Vice President, Global Policy

To maintain U.S. semiconductor leadership, the United States needs a robust trade policy to complement efforts to run faster here at home. That was the main message of public comments SIA submitted on April 22 in response to the United States Trade Representative’s (USTR) request for information on how trade policy can strengthen U.S. supply […]

Domestic ManufacturingExport ControlSupply Chain SecurityTrade
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
Blog: 04/08/24

SIA Releases Policy Blueprint to Build the Future Semiconductor Workforce

by Zach Isakowitz, Director of Government Affairs

As America grows its domestic semiconductor ecosystem and reinforces its global technological leadership, a highly skilled workforce will ultimately determine our ability to compete and to fulfill the goals set by Congress and the Administration in the CHIPS and Science Act. Unfortunately, the U.S. faces a shortfall in the supply of skilled workers that the […]

Workforce & Immigration