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91成人 Commends CHIPS Act Incentives for Micron鈥檚 Manufacturing Projects in New York and Idaho

by 91成人

WASHINGTON鈥擜pril 25, 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 Micron. The incentives, which are part of the CHIPS and Science Act, will support the development of Micron鈥檚 memory chip production facilities in New York and Idaho.

The Commerce Department previously announced incentives for Samsung, TSMC, Intel, GlobalFoundries, Microchip Technology, and BAE Systems.

鈥淭he significant semiconductor manufacturing incentives announced today will help boost domestic semiconductor production and innovation, create jobs, make U.S. supply chains more resilient, and bolster America鈥檚 economic and national security. We salute Micron for its ambitious investments in the U.S. and applaud the Commerce Department for the tremendous progress made in advancing the CHIPS Act鈥檚 landmark manufacturing incentives and R&D investments. We look forward to continuing to work with government and industry leaders to ensure the CHIPS Act remains on course to expeditiously strengthen U.S. chip production, supply chain resilience, and innovation.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听announced more than 80 new projects听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 50,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional U.S. jobs throughout the U.S. economy.

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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.