Latest News

Latest News

Press Release: 02/07/23

President Biden Highlights Importance of CHIPS Enactment During State of the Union Address

WASHINGTON—Feb. 7, 2023—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 last year’s historic enactment of the CHIPS and Science Act, a landmark new law that will greatly strengthen […]

Domestic ManufacturingResearch
Press Release: 02/03/23

Global Semiconductor Sales Increase 3.3% in 2022 Despite Second-Half Slowdown

Note: This release reflects updated sales data released on March 3, 2023 Worldwide industry sales totaled a record $574.1 billion in 2022, but sales slowed significantly during second half of year WASHINGTON—Feb. 3, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $574.1 billion in 2022, the highest-ever annual total and an […]

Market Data
Press Release: 01/31/23

U.S. and India Semiconductor Groups Announce Initiative to Strengthen Public-Private Collaboration in Chip Ecosystem

The U.S. Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) today jointly announced plans to form a private-sector task force that will strengthen collaboration between the two countries in the global semiconductor ecosystem. Specific goals of the task force include the following: Developing a “readiness assessment” regarding the semiconductor ecosystem in […]

Trade
Blog: 01/27/23

Building the Workforce for a Transitional Tech Economy

By Guest Contributor, Mike Russo, President & CEO, NIIT

The COVID-19 pandemic highlighted an uncomfortable truth that had long been simmering in the back of our minds: the U.S. does not have an adequate tech workforce. As global supply chains shut down, everything from automobiles to home appliances faced shortages as our domestic capacity in advanced manufacturing could not keep up with demand. The […]

Workforce & Immigration
Blog: 01/26/23

SIA Comments: Export Controls Should Protect National Security Without Undermining Innovation

by Semiconductor Industry Association

SIA has long supported export control policy that safeguards national security without unduly harming the commercial innovation that is essential to America’s economy, national security, and technological leadership. Consistent with these longstanding efforts, SIA recently submitted detailed public comments regarding significant new semiconductor export control rules released on Oct. 7 by the Bureau of Industry […]

Export Control
Press Release: 01/09/23

Global Semiconductor Sales Decrease 2.9% Month-to-Month in November

Worldwide chip sales down 9.2% year-to-year WASHINGTON—Jan. 9, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $45.5 billion during the month of November 2022, a decrease of 2.9% compared to the October 2022 total of $46.9 billion and 9.2% less than the November 2021 total of $50.0 billion. Monthly sales are […]

Market Data
Blog: 01/06/23

Semiconductor Industry is Committed to Combatting Illicit Chip Diversion

by Semiconductor Industry Association

As the devastating war in Ukraine continues, the U.S. semiconductor industry remains committed to fully complying with all export control regulations issued by the U.S. and allied partner nations to impede Russian aggression. The U.S. government and its partners have targeted the Russian defense industry’s reliance on imported microelectronics by issuing new sanctions and export […]

Press Release: 12/21/22

SIA Applauds Increased Funding for Research, Workforce Development in Year-End Funding Package

WASHINGTON—Dec. 21, 2022—The Semiconductor Industry Association (SIA) today released the following statement from David Isaacs, SIA vice president of government affairs, regarding the inclusion of additional funding for key research agencies in the fiscal year 2023 (FY2023) Omnibus. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. […]

ResearchWorkforce & Immigration
Blog: 12/14/22

The CHIPS Act Has Already Sparked $350 Billion in Private Investments for U.S. Semiconductor Production

by Robert Casanova, Director, Industry Statistics and Economic Policy

Last updated April 15, 2024 By enacting the CHIPS and Science Act in August 2022, policymakers in Washington took an historic step toward attracting investment in semiconductor production and innovation in the U.S. And while the new law must still be implemented effectively and efficiently to realize its potential, the CHIPS Act has already sparked […]

Domestic Manufacturing
Press Release: 12/05/22

Global Semiconductor Sales Decrease 0.3% Month-to-Month in October

Worldwide chip sales down 4.6% year-to-year WASHINGTON—Dec. 5, 2022—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $46.9 billion during the month of October 2022, a slight decrease of 0.3% compared to the September 2022 total of $47.0 billion and down 4.6% compared to the October 2021 total of $49.1 billion. Monthly […]

Market Data
Press Release: 11/30/22

New Report Identifies Challenges to Continued U.S. Leadership in Semiconductor Design, Innovation

Following enactment of landmark semiconductor manufacturing and research investments in the CHIPS and Science Act, new SIA-BCG study highlights need to advance federal policies to reinforce U.S. chip design, tech leadership WASHINGTON, Nov. 30, 2022—Following the historic enactment of the CHIPS and Science Act to reinvigorate domestic semiconductor manufacturing and research, the Semiconductor Industry Association […]

Domestic ManufacturingResearchTaxTradeWorkforce & Immigration
Press Release: 11/18/22

Silicon Labs CEO Matt Johnson Elected Chair of Semiconductor Industry Association

Texas Instruments CEO Rich Templeton elected SIA Vice Chair San Jose, Calif., Nov. 18, 2022—The Semiconductor Industry Association (SIA) today announced Silicon Labs President and CEO Matt Johnson has been elected Chair of the SIA Board of Directors and Texas Instruments Chairman, President, and CEO Rich Templeton has been elected Vice Chair. SIA represents 99% […]