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Blog: 09/12/24

2024 State of the Industry Report Underscores Opportunities and Challenges for U.S. Chip Industry

by Greg LaRocca, Director of Market Research and Economic Policy

The Semiconductor Industry Association (SIA) released its annual State of the Industry Report today. The report highlights opportunities for continued growth and innovation across the semiconductor industry and notes current and upcoming challenges to the industry’s sustained success. Last year, industry global sales reached $527 billion and nearly 1 trillion semiconductors were sold globally, more […]

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Blog: 08/08/24

Two Years After CHIPS Enactment, Here’s How to Sustain America’s Budding Semiconductor Resurgence

by John Neuffer, President and CEO

As we mark the second anniversary of the historic CHIPS and Science Act, one thing is clear. The world will continue to need more semiconductors to power the technologies of today and tomorrow, including artificial intelligence, smartphones, cloud computing, electric vehicles, and countless others. For decades, the United States was producing a diminishing share of […]

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Blog: 08/01/24

House Lawmakers Take Important Step to Secure U.S. Semiconductor Design Leadership

by Molly O’Leary, Director of Government Affairs

by Zach Isakowitz, Director of Government Affairs

Bipartisan members of the House of Representatives this week moved to bolster U.S. leadership and global competitiveness in semiconductor design by introducing the Semiconductor Technology Advancement and Research (STAR) Act of 2024. The legislation aims to incentivize U.S. chip design by providing a 25% investment tax credit for design activities conducted in the U.S. Reps. […]

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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 […]

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Press Release: 07/17/24

SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri

WASHINGTON—July 17, 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 GlobalWafers. The incentives, which are part of the CHIPS and Science Act, will support the development of semiconductor wafer production in Texas and Missouri. […]

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Blog: 06/25/24

Tracking the Progress of the CHIPS R&D Programs

by Alex Gordon, Manager, Government Affairs

by Erik Hadland, Director of Technology Policy

Enacted in 2022 to promote U.S.-based semiconductor production and innovation, the CHIPS & Science Act is the most significant federal investment ever made in the U.S. semiconductor industry. While much attention is focused on the CHIPS incentives grant program, the other pillar of the CHIPS Act is also critically important: a substantial, $13 billion investment […]

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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 […]

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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, […]

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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 […]

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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 […]

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