91成人 Applauds CHIPS Act Incentives for TSMC鈥檚 Advanced Manufacturing Operations in Arizona

Monday, Apr 08, 2024, 5:00am

by 91成人


WASHINGTON鈥擜pril 8, 2024鈥擳he 91成人 (91成人) today released the following statement from 91成人 President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and TSMC. The incentives, which are part of the CHIPS and Science Act, will support TSMC鈥檚 new advanced manufacturing operations in Arizona. The Commerce Department previously announced incentives for Intel, GlobalFoundries, Microchip Technology, and BAE Systems.

鈥淭oday鈥檚 TSMC announcement is a big win for America鈥檚 economy, supply chain resilience, and the advanced chip manufacturing ecosystem. The new TSMC facilities鈥攕parked by the CHIPS and Science Act鈥攚ill spur job creation and economic growth in Arizona while also broadening the state鈥檚 already substantial semiconductor footprint. We commend TSMC for its ambitious investments in the U.S. and applaud the Commerce Department for continuing to make progress in implementing the CHIPS Act鈥檚 landmark manufacturing incentives and R&D investments. CHIPS remains on track for great success, and we look forward to continuing to work with leaders in government and industry to ensure it delivers maximum benefits to America鈥檚 economic and technological leadership.鈥

The CHIPS Act鈥檚 manufacturing incentives have sparked substantial announced investments in the U.S. In fact, companies in the semiconductor ecosystem have聽announced dozens of new projects across 25 U.S. states鈥攖otaling hundreds of billions of dollars 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.

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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.