President Biden Highlights Importance of CHIPS Enactment During State of the Union Address

Tuesday, Feb 07, 2023, 9:30pm

by 91成人


WASHINGTON鈥擣eb. 7, 2023鈥擳he 91成人 (91成人) today released the following statement from 91成人 President and CEO John Neuffer regarding President Biden鈥檚 .

鈥淒uring tonight鈥檚 State of the Union Address, President Biden highlighted last year鈥檚 historic enactment of the CHIPS and Science Act, a landmark new law that will greatly strengthen America鈥檚 economy, national security, and semiconductor supply chains. Companies in the semiconductor ecosystem have responded enthusiastically since the CHIPS Act was introduced, announcing new projects across America totaling hundreds of billions of dollars in private investments and supporting hundreds of thousands of U.S. jobs.

鈥淲e applaud President Biden and leaders in Congress for their tireless work to enact the CHIPS Act and urge the administration to ensure the CHIPS Act is implemented in an effective, efficient, and timely manner. Doing so will maximize the new law鈥檚 impact and reinvigorate chip production and innovation in America for many years to come.

鈥淲e also look forward to working with leaders in Washington to fortify America鈥檚 high-tech workforce, invest in basic research and innovation, and promote free and fair trade and resilient global supply chains.鈥

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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 www.semiconductors.org.