Latest News

Press Release: 03/17/23

SIA Commends Introduction of Bipartisan Legislation to Restore Immediate Deductibility of R&D Investments

WASHINGTON—March 17, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in Congress of bipartisan legislation to restore full tax deductibility of R&D investments. The legislation, the American Innovation and Jobs Act, was introduced in the Senate by Sens. Maggie Hassan (D-N.H.) and Todd […]

Tax
Press Release: 03/03/23

Global Semiconductor Sales Decrease 5.2% Month-to-Month in January

Worldwide chip sales down 18.5% year-to-year WASHINGTON—March 3, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $41.3 billion during the month of January 2023, a decrease of 5.2% compared to the December 2022 total of $43.6 billion and 18.5% less than the January 2022 total of $50.7 billion. Monthly sales are […]

Market Data
Press Release: 02/28/23

SIA Welcomes Commerce Department Action to Initiate Critical CHIPS Act Incentives

WASHINGTON—Feb. 28, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the Commerce Department’s release of a Notice of Funding Opportunity, a procedural step that sets in motion the process for companies to apply for manufacturing grants under the CHIPS and Science Act (see […]

Domestic ManufacturingResearchSupply Chain SecurityWorkforce & Immigration
Press Release: 02/23/23

SIA Welcomes Secretary Raimondo’s Commitment to Swift, Effective Implementation of CHIPS and Science Act

WASHINGTON—Feb. 23, 2023—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding U.S. Commerce Secretary Gina Raimondo’s remarks today on implementation of the CHIPS and Science Act. “Secretary Raimondo has been a tireless advocate for the CHIPS and Science Act, the historic new law that will reinvigorate chip […]

Domestic ManufacturingResearchSupply Chain Security
Press Release: 02/14/23

SIA Urges Full Funding of CHIPS & Science Act Research Programs in President’s FY24 Budget

WASHINGTON—Feb. 14, 2023—Semiconductor Industry Association (SIA) President and CEO John Neuffer today sent a letter to Office of Management and Budget Director Shalanda Young, encouraging her to include in the President’s Budget Request for Fiscal Year 2024 (FY24) full funding for research and workforce programs authorized by the CHIPS and Science Act of 2022. “SIA […]

Research
Press Release: 02/07/23

President Biden Highlights Importance of CHIPS Enactment During State of the Union Address

WASHINGTON—Feb. 7, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer regarding President Biden’s State of the Union Address. “During tonight’s State of the Union Address, President Biden highlighted last year’s historic enactment of the CHIPS and Science Act, a landmark new law that will greatly strengthen […]

Domestic ManufacturingResearch
Press Release: 02/03/23

Global Semiconductor Sales Increase 3.3% in 2022 Despite Second-Half Slowdown

Note: This release reflects updated sales data released on March 3, 2023 Worldwide industry sales totaled a record $574.1 billion in 2022, but sales slowed significantly during second half of year WASHINGTON—Feb. 3, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $574.1 billion in 2022, the highest-ever annual total and an […]

Market Data
Press Release: 01/31/23

U.S. and India Semiconductor Groups Announce Initiative to Strengthen Public-Private Collaboration in Chip Ecosystem

The U.S. Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) today jointly announced plans to form a private-sector task force that will strengthen collaboration between the two countries in the global semiconductor ecosystem. Specific goals of the task force include the following: Developing a “readiness assessment” regarding the semiconductor ecosystem in […]

Trade
Press Release: 01/09/23

Global Semiconductor Sales Decrease 2.9% Month-to-Month in November

Worldwide chip sales down 9.2% year-to-year WASHINGTON—Jan. 9, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $45.5 billion during the month of November 2022, a decrease of 2.9% compared to the October 2022 total of $46.9 billion and 9.2% less than the November 2021 total of $50.0 billion. Monthly sales are […]

Market Data
Press Release: 12/21/22

SIA Applauds Increased Funding for Research, Workforce Development in Year-End Funding Package

WASHINGTON—Dec. 21, 2022—The Semiconductor Industry Association (SIA) today released the following statement from David Isaacs, SIA vice president of government affairs, regarding the inclusion of additional funding for key research agencies in the fiscal year 2023 (FY2023) Omnibus. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. […]

ResearchWorkforce & Immigration
Press Release: 12/05/22

Global Semiconductor Sales Decrease 0.3% Month-to-Month in October

Worldwide chip sales down 4.6% year-to-year WASHINGTON—Dec. 5, 2022—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $46.9 billion during the month of October 2022, a slight decrease of 0.3% compared to the September 2022 total of $47.0 billion and down 4.6% compared to the October 2021 total of $49.1 billion. Monthly […]

Market Data
Press Release: 11/30/22

New Report Identifies Challenges to Continued U.S. Leadership in Semiconductor Design, Innovation

Following enactment of landmark semiconductor manufacturing and research investments in the CHIPS and Science Act, new SIA-BCG study highlights need to advance federal policies to reinforce U.S. chip design, tech leadership WASHINGTON, Nov. 30, 2022—Following the historic enactment of the CHIPS and Science Act to reinvigorate domestic semiconductor manufacturing and research, the Semiconductor Industry Association […]

Domestic ManufacturingResearchTaxTradeWorkforce & Immigration