The Semiconductor Industry Association (SIA) today released the following statement from President and CEO John Neuffer regarding President Biden’s first address to a joint session of Congress.
“During tonight’s address to Congress and throughout his first 100 days in office, President Biden has demonstrated a commitment to strengthening America’s leadership in semiconductors through robust investment in domestic chip manufacturing, design, and research. The President and a large, bipartisan group of leaders in Congress understand semiconductors are at the heart of our economic strength, national security, digital infrastructure, and global competitiveness, and we appreciate their support and leadership.
“The President’s recent call for $50 billion to fund the semiconductor manufacturing and research provisions in the CHIPS for America Act is bold and necessary if the U.S. is to remain globally competitive and lead in the technologies of tomorrow. Now is the time for leaders in Washington to shoulder in by enacting legislation that funds these important provisions, which will ensure more of the chips our country needs are produced on U.S. shores.”