91成人 Applauds House Introduction of Legislation to Strengthen American Chip Manufacturing and Design
Tuesday, Jan 28, 2025, 4:00pm
by 91成人
WASHINGTON鈥擩an. 28, 2025鈥擳he 91成人 (91成人) today released the following statement from 91成人 President and CEO John Neuffer commending the introduction in the U.S. House of Representatives of the bipartisan Semiconductor Technology Advancement and Research (STAR) Act. The STAR Act extends the duration of the Advanced Manufacturing Investment Credit (AMIC)鈥攁 25% tax credit for chip production鈥攁nd expands eligibility of the credit to include investments in semiconductor design, the research-intensive mapping of a chip鈥檚 intricate circuitry and functionality. Reps. Blake Moore (R-UT), Suzan DelBene (D-WA), Michael McCaul (R-TX), Doris Matsui (D-CA), John Moolenaar (R-MI), and Raja Krishnamoorthi (D-IL) led eight other House members in introducing the legislation. A similar version of the legislation was introduced in the House last year.
鈥淯.S. leadership in semiconductor research, design, and manufacturing is critical to America鈥檚 economy, technology leadership, and national security. The CHIPS Act鈥檚 investment tax credit has been hugely successful in strengthening America鈥檚 semiconductor ecosystem, spurring substantial private investment and helping to put the U.S. on track to more than triple domestic chip manufacturing capacity by 2032, the largest percentage increase in the world. By extending the duration of the credit, the STAR Act would build on this momentum by promoting further growth in chip manufacturing here in the United States.
鈥淏测 expanding coverage of the credit to include chip design, the STAR Act would ensure the U.S. secures the economic, national security, and first-mover advantages of being the global leader in semiconductor technology. At a time when global competitors are making historic investments in their own chip ecosystems, we urge Congress to pass the STAR Act to help America win the chip race, enhance our economic and national security, and reinforce U.S. semiconductor leadership for years to come.鈥
The AMIC, codified under Section 48D, has proven to be a powerful incentive for investment in chip fabrication and packaging. It has helped attract $450 billion in private investment and is strengthening our economy, national security, and supply chain resilience. The AMIC expires at the end of 2026, and extending it would allow the U.S. to maintain momentum in reinforcing its domestic chip capabilities.
Despite having built-in advantages in chip design鈥攊ncluding being home to the leading chip design companies, the world鈥檚 best universities, and a highly skilled workforce鈥攖he U.S. is facing challenges to its design leadership and continues to trail the incentives offered by global competitors for innovation in chip design and R&D investments. The STAR Act helps to level the playing field between the U.S. and global competitors and ensure the U.S. retains its first-mover advantage by maintaining America鈥檚 technological edge.
Reps. Moore, DelBene, McCaul, Matsui, Moolenaar, and Krishnamoorthi were joined in introduction by Reps. Tenney (R-NY), Khanna (D-CA), Buchanan (R-FL), Morelle (D-NY), Carson (D-IN), Gottheimer (D-NJ), Sewell (D-AL), and Panetta (D-CA).
91成人 called for passage of the STAR Act in a policy agenda released earlier this month titled 鈥Winning the Chip Race.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.