91成人

91成人 Commends CHIPS Act Incentives for GlobalFoundries Projects

by 91成人

WASHINGTON鈥擣eb. 19, 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 announced by the U.S. Department of Commerce and .

The incentives, which are part of the CHIPS and Science Act, will support three GlobalFoundries manufacturing projects in New York and Vermont. The Commerce Department previously announced incentives for Microchip Technology and BAE Systems.

鈥淭he significant semiconductor manufacturing incentives announced today will help advance U.S. chip production and reinforce America鈥檚 economic and national security. We congratulate GlobalFoundries for investing ambitiously in these projects and salute the Commerce Department鈥檚 ongoing work to begin getting critical CHIPS Act incentives out the door. The CHIPS Act is working, and 91成人 stands ready to continue to work with government leaders to ensure the law鈥檚 landmark manufacturing and research provisions deliver maximum benefits to U.S. chip production, innovation, and supply chain resilience for many years to come.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 $220 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.