91成人

Coalition Urges Congress to Fund R&D, Workforce Initiatives

by 91成人

91成人 CEO John Neuffer today joined fellow members of the Task Force on American Innovation (TFAI)鈥攁n alliance of industry, scientific societies, and university organizations鈥攊n urging congressional appropriators to fund the investments in scientific research, innovation, and workforce authorized by the bipartisan CHIPS and Science Act. Signatories on the included 91成人 Board members Lisa Su (AMD), Dario Gil (IBM), and Pat Gelsinger (Intel), and 91成人 members Lawrence Loh (MediaTek), Jinman Han (Samsung), as well as corporate leaders and TFAI members Kent Walker (Google), Brad Smith (Microsoft), Mark Becker (APLU) and Barbara Snyder (AAU).

In the sent to Senate Appropriations Committee Chairwoman Patty Murray (D-Wash.) and Vice Chair Susan Collins (R-Maine), House Appropriations Committee Chairwoman Kay Granger (R-Texas) and Ranking Member Rosa DeLauro (D-Conn.), TFAI highlighted the importance of investments in innovation to America鈥檚 future:

Funding for critical research and education is an investment in our future competitiveness. Our country will reap the benefits of this investment for generations to come 鈥� Innovation has driven significant growth over the last 50 years with America鈥檚 GDP growing from $550 billion to more than $23 trillion. Federal research funding is a down payment on our nation鈥檚 future success.

The CHIPS and Science Act, landmark legislation enacted last year, provides $52 billion in government investments to reinvigorate domestic semiconductor production and innovation. The law also authorized a larger amount of federal funding for research and innovation, but these authorized amounts must still be appropriated by Congress. Failing to do so, the letter states, would 鈥渉amper our ability to meet global challenges and may result in the U.S. falling behind our competitors in critical technologies such as artificial intelligence and quantum computing.鈥�

The letter also points out that the governments of global competitors are investing heavily in research, while U.S. government investments have fallen behind: 鈥淏etween 2000 and 2022, U.S. funding for federal research actually fell as a percentage of GDP.聽 Meanwhile, China is increasing its spending on research and development and is expected to continue this increase at an average yearly rate of 7% until 2025.鈥�

91成人 looks forward to continuing to work with U.S. policymakers to ensure consistent, ambitious investment in initiatives that strengthen U.S. scientific research and America鈥檚 future technology workforce.