Strengthening national chip research, design and manufacturing
The Semiconductor Industry Association (SIA) hosted a productive roundtable between Sen. Mark Warner (D-Va.) — one of the senators tasked with negotiating the U.S. jobs and competitiveness package — and more a dozen senior executives from SIA member companies. Participants discussed the ongoing negotiations of the Competitiveness Legislation Conference (USICA/COMPETES) and the importance of passing CHIPS Act funding and a FABS Act investment tax credit for manufacturing and designing semiconductors under the final bill. Senator Warner is one of the Senate sponsors of the CHIPS Act and the FABS Act. Participants also discussed the current global chip shortage, STEM workforce development, and other issues related to bolstering U.S. chip research, design, and manufacturing.
“Semiconductors underpin America’s economy, national security, and leadership in technologies that will determine our future, including autonomous vehicles, supercomputing, virtual and augmented reality, IoT devices, and more. said Senator Warner. “To strengthen America’s advantage in semiconductor technology, we must enact final innovation and competitiveness legislation that encourages domestic chip manufacturing, invests in U.S. chip research and promotes greater investment in semiconductor design in the United States”
“For America to continue to set the global standard economically, militarily and technologically, we must strengthen American leadership in semiconductors,” said SIA President and CEO John Neuffer. . “We greatly appreciate the strong leadership of Senator Warner – and the bipartisan group of other congressional champions – in advancing legislation to strengthen US-based chip research, design and manufacturing. Today’s discussion is an example of the kind of government-industry collaboration needed to ensure America stays on top of chip technology for decades to come.