91成人

Commerce Department Announcement Marks Milestone in CHIPS Implementation

by 91成人

Commerce Department Announcement Marks Milestone in CHIPS Implementation

WASHINGTON鈥擠ec. 11, 2023鈥擳he 91成人 (91成人) today released the following statement from 91成人 President and CEO John Neuffer in response to the first semiconductor manufacturing incentives announced by the U.S. Department of Commerce as part of the CHIPS and Science Act.

鈥淭oday鈥檚 announcement represents an important milestone on the path to fulfilling the tremendous promise of the CHIPS and Science Act and reinforcing America鈥檚 national security, critical supply chains, and the economy. We applaud Secretary Raimondo and the CHIPS Program Office team for working diligently to begin getting CHIPS incentives out the door. We look forward to additional projects being funded and stand ready to continue working with Commerce Department leaders to ensure the CHIPS and Science Act reinvigorates U.S. semiconductor production and innovation for years to come.鈥�

The CHIPS Act鈥檚 manufacturing incentives have already sparked substantial investments in the U.S. In fact, companies in the semiconductor ecosystem have聽announced dozens of new projects聽across America鈥攖otaling more than $200 billion in private investments鈥攕ince the CHIPS Act was introduced. These announced projects will create more than 40,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional U.S. jobs throughout the U.S. economy.

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91成人 91成人
The 91成人 (91成人) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91成人 represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91成人 seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at聽www.semiconductors.org.