91成人 Applauds Announcement of New CHIPS Incentives

Thursday, Jan 04, 2024, 5:00am

by 91成人


WASHINGTON鈥擩an. 4, 2024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 semiconductor manufacturing incentives today by the U.S. Department of Commerce and Microchip Technology. The incentives, which are part of the CHIPS and Science Act, will support Microchip鈥檚 manufacturing projects in Colorado and Oregon.

鈥淭oday鈥檚 announcement will help propel semiconductor manufacturing projects in Colorado and Oregon and reinforce America鈥檚 chip supply chains for critical automotive, medical, aerospace, and defense technologies, among other applications. We congratulate Microchip on advancing these important projects and commend the progress made by Secretary Raimondo and the CHIPS Program Office team in beginning to distribute CHIPS incentives. We look forward to seeing more projects receive vital CHIPS funding to help reinvigorate America鈥檚 economy, national security, and critical supply chains.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.