91成人

91成人 Applauds Strong Senate Vote to Proceed with Consideration of Endless Frontier Act

by 91成人

WASHINGTON鈥擬ay 17, 2021鈥擳he 91成人 (91成人) released the following statement from President and CEO John Neuffer commending the bipartisan Senate vote today that clears the way for consideration on the Senate floor of the Endless Frontier Act (S.1260), bipartisan legislation that seeks to sustain and strengthen U.S. science and technology leadership by authorizing more than $100 billion for science and technology initiatives, including semiconductor research.听The procedural vote to invoke cloture was approved by an impressive vote of 86-11. The Endless Frontier Act was introduced last month by Sens. Chuck Schumer (D-N.Y.) and Todd Young (R-Ind.) and a bipartisan group of cosponsors.

鈥淎merica鈥檚 economic strength, national security, and global competitiveness depend heavily on its ability to lead the world in semiconductors and the many technologies they enable. Today鈥檚 truly impressive bipartisan vote shows a driving commitment in Congress to boost U.S. competitiveness by moving the Endless Frontier Act one significant step closer to enactment.

鈥淎s the bill moves to the Senate floor, we strongly urge leaders in Congress to include needed funding for the domestic semiconductor manufacturing and research provisions in the CHIPS for America Act, legislation championed by Sens. Cornyn, Warner, Schumer, Cotton, and a bipartisan group of other congressional leaders. Doing so would turbocharge U.S. chip production and innovation and help keep America at its competitive best for years to come.鈥�

The听share of global听semiconductor manufacturing听capacity in the U.S. has听decreased听from 37% in 1990 to 12% today, according to a report by 91成人 and the Boston Consulting Group (BCG). This听decline听is largely听due to substantial subsidies offered by the governments of our global competitors, placing听the U.S. at a competitive disadvantage in attracting new construction of semiconductor manufacturing facilities, or 鈥渇abs.鈥澨鼳dditionally, federal investment听in semiconductor research听has been听flat听as a share of GDP,听while听other governments听have invested substantially in research initiatives to strengthen their own semiconductor capabilities. And global semiconductor supply chain vulnerabilities have emerged in recent years that must be addressed through government investments in chip manufacturing and research, according to a separate 91成人-BCG study.

Recognizing the critical role semiconductors play in America鈥檚 future, Congress in January enacted听the CHIPS for America Act as part of the FY 2021 National Defense Authorization Act (NDAA). The law calls for incentives for domestic semiconductor manufacturing and investments in chip research, but funding must be provided to make these provisions a reality.

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Media Contact
Dan Rosso
91成人
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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. Semiconductors 鈥� the tiny chips that enable modern technologies 鈥� power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $208 billion in 2020. 91成人 represents 98% 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听www.semiconductors.org.