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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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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 […]

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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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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
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: 07/26/24

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
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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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
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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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 […]

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