91成人

91成人 Applauds CHIPS Act Incentives for Intel Projects

by 91成人

WASHINGTON鈥擬arch 20, 2024鈥擳he 91成人 (91成人) today released the following statement from 91成人 President and CEO John Neuffer commending semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Intel Corporation. The incentives, which are part of the CHIPS and Science Act, will support four Intel manufacturing projects in Arizona, Ohio, Oregon, and New Mexico. The Commerce Department previously announced incentives for GlobalFoundries, Microchip Technology, and BAE Systems.

鈥淭he CHIPS and Science Act incentives announced today will create jobs, boost U.S. and local economies, and make America stronger, safer, and more technologically advanced. CHIPS was enacted to incentivize companies in the semiconductor ecosystem to build, grow, hire, and innovate in the U.S., and that鈥檚 exactly what they鈥檙e doing. We congratulate Intel for investing boldly in these projects and applaud the Commerce Department for working diligently to advance the CHIPS Act鈥檚 manufacturing incentives and R&D investments. 91成人 looks forward to continuing to work with leaders in Washington to ensure this historic initiative is implemented successfully and expeditiously, which will help strengthen U.S. chip production, innovation, and supply chain resilience well into the future.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 25 U.S. states鈥攖otaling more than $250 billion in private investments鈥攕ince the CHIPS Act was introduced. These announced projects will create more than 45,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional U.S. jobs throughout the U.S. economy.

# # #

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.