Latest News

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 […]

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 […]

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. […]

WASHINGTON—July 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer, urging Senate approval of the House-passed Tax Relief for American Families and Workers Act (H.R. 7024). The legislation, which the Senate is expected to vote on later this week, includes two provisions critical to the semiconductor […]

WASHINGTON—Jan. 31, 2024—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending House passage tonight of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of immediate domestic R&D expensing and the United States-Taiwan Expedited Double-Tax […]

WASHINGTON—Jan. 23, 2024—The Semiconductor Industry Association (SIA) today released the following statement from vice president of government affairs David Isaacs in response to the introduction in Congress of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of domestic R&D expensing and the […]

WASHINGTON—Dec. 5, 2023—The Semiconductor Industry Association (SIA) today released the following statement from vice president of government affairs David Isaacs in response to congressional action last week to advance legislation to resolve double taxation and other tax matters between the U.S. and Taiwan. “We thank Senate Finance Committee Chair Wyden (D-Ore.) and Ranking Member Crapo (R-Idaho), Senate […]

by Molly O’Leary, Director of Government Affairs

SIA President and CEO John Neuffer on Sept. 18 sent a letter to congressional leaders expressing the urgency of resolving double taxation between the U.S. and Taiwan, among other related tax matters. Despite being top trading partners, the U.S. and Taiwan lack a formal tax treaty to resolve taxation issues between the two jurisdictions. The […]

by Molly O’Leary, Director of Government Affairs

The CHIPS and Science Act, landmark legislation enacted last year to reinvigorate domestic semiconductor production and innovation, has already sparked substantial company investment announcements that will create jobs and strengthen America’s economy, national security, and global competitiveness. As part of our ongoing effort to provide input to government leaders during the implementation of this critical […]

WASHINGTON—April 18, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in the House of Representatives of bipartisan legislation to restore full tax deductibility of R&D investments. The legislation, the American Innovation and R&D Competitiveness Act, was introduced in the House today by Reps. […]

WASHINGTON—March 17, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in Congress of bipartisan legislation to restore full tax deductibility of R&D investments. The legislation, the American Innovation and Jobs Act, was introduced in the Senate by Sens. Maggie Hassan (D-N.H.) and Todd […]

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 […]