WASHINGTON—Nov. 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 for Corning and Powerex. The incentives, which are part of the CHIPS and Science Act, will supplement company investments in the U.S. that will create […]
WASHINGTON, Nov. 7, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer regarding this week’s election results. “We congratulate President-elect Trump, Vice President-elect Vance, and new and returning members of Congress. Policymakers from both parties recognize a strong domestic chip industry is critical to America’s economic strength, […]
WASHINGTON—Nov. 7, 2024—The Semiconductor Industry Association (SIA) and Semiconductor Research Corporation (SRC) today announced the recipients of the 2024 University Research Awards: Suman Datta, the Joseph M. Pettit Chair of Advanced Computing, Georgia Research Alliance (GRA) Eminent Scholar and Professor, and Electrical & Computer Engineering professor at Georgia Tech; and Michael Flynn, the Fawwaz T. Ulaby Collegiate Professor […]
Global chip sales hit highest-ever monthly total in September WASHINGTON—Nov. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion […]
WASHINGTON—Nov. 1, 2024— The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the selections for the first two CHIPS for America National Semiconductor Technology Center (NSTC) facilities. The first facility will focus on extreme ultraviolet (EUV) lithography research and will be located within NY CREATES’s Albany […]
by Molly O’Leary, Director of Government Affairs
On Tuesday, the U.S. Department of Treasury and the Internal Revenue Service (IRS) issued the much-anticipated final regulations for the Advanced Manufacturing Investment Credit (AMIC), the 25% investment tax credit enacted by the CHIPS and Science Act (CHIPS Act). The credit, codified in Section 48D of the tax code, is a core component of the […]
WASHINGTON—Oct. 22, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer welcoming the release of final regulations implementing the “Advanced Manufacturing Investment Credit,” a tax credit enacted as part of the landmark CHIPS and Science Act to incentivize domestic chip production. The U.S. Department of the Treasury […]
WASHINGTON—Oct. 21, 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 Hemlock Semiconductor (HSC). Today’s announced incentives are designed to help HSC build a new hyper-pure semiconductor-grade polysilicon facility in Michigan. “Polysilicon is a critical […]
WASHINGTON—Oct. 18, 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 Infinera. The incentives, which are part of the CHIPS and Science Act, will support the development of an advanced test and packaging facility in […]
WASHINGTON—Oct. 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 Wolfspeed. The incentives, which are part of the CHIPS and Science Act, will support the construction of Wolfspeed’s new silicon carbide wafer manufacturing facility […]
by Mary Thornton, Vice President, Global Policy
In the roughly two-and-a-half years since Russia invaded Ukraine, the United States and other likeminded governments have imposed far-reaching export controls and sanctions intended to choke off Russia’s access to the technologies needed to fuel its aggression. The U.S. semiconductor industry is a big part of that effort and has been working in close partnership […]
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 […]
