91成人

White House Chip Summit Builds Momentum for Federal Investments in U.S. Chip Manufacturing and Research

by 91成人

WASHINGTON鈥擜pril 12, 2021鈥擳he 91成人 (91成人) today released the following statement from President and CEO John Neuffer regarding today鈥檚 meeting at the White House between Biden Administration officials and leaders from the semiconductor industry and other sectors to discuss the global chip shortage, President Biden鈥檚 infrastructure plan, and other issues related to the semiconductor supply chain. Meeting participants included 91成人 board members Tom Caulfield, CEO of GlobalFoundries, Pat Gelsinger, CEO of Intel, and Sanjay Mehrotra, CEO of Micron Technology, along with senior executives from 91成人 member companies NXP, Samsung, and TSMC.

鈥淲e appreciate the White House meeting with industry leaders about the importance of ensuring a strong and resilient semiconductor supply chain, and we commend President Biden鈥檚 support for $50 billion in semiconductor manufacturing and research investments to achieve this goal. Semiconductors are at the heart of America鈥檚 job creation, pandemic response, national security, education system, and growth and innovation across a range of sectors, including aerospace, automotive, cloud computing, medical devices, telecommunications, and many others. Funding the chip manufacturing incentives and research investments called for in the CHIPS for America Act, as President Biden鈥檚 infrastructure plan would do, will strengthen U.S. semiconductor production and innovation across the board so all sectors of our economy have the chips they need. Today鈥檚 meeting marks the continuation of a strong partnership between the Biden Administration and industry to strengthen America鈥檚 semiconductor supply chain by enacting federal investments in domestic chip manufacturing and research.鈥�

The聽share of global聽semiconductor manufacturing聽capacity in the U.S. has聽decreased聽from 37% in 1990 to 12% today. This聽decline聽is largely聽due to substantial subsidies offered by the governments of our global competitors, placing聽the U.S. at a competitive disadvantage in attracting new construction of semiconductor manufacturing facilities, or 鈥渇abs.鈥澛燗dditionally, federal investment聽in semiconductor research聽has been聽flat聽as a share of GDP,聽while聽other governments聽have invested substantially in research initiatives to strengthen their own semiconductor capabilities.

Recognizing the critical role semiconductors play in America鈥檚 future, Congress in January enacted聽the CHIPS for America Act as part of the FY 2021 National Defense Authorization Act (NDAA). The new law calls for incentives for domestic semiconductor manufacturing and investments in chip research, but funding must be provided to make these provisions a reality. President Biden鈥檚 infrastructure plan calls for $50 billion to fund the semiconductor manufacturing and research provisions in the CHIPS for America Act.

In February, the聽91成人 board of directors聽鈥� and later a broad聽coalition of business leaders led by 91成人 鈥撀燾alled on聽President Biden to work with Congress to fund the semiconductor manufacturing incentives and research initiatives as part of his infrastructure plan.

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