Following President Biden’s Remarks to Congress, SIA Urges Prompt Action to Enact Bold Investments in Domestic Semiconductor Manufacturing and Research

by Semiconductor Industry Association

WASHINGTON – April 28, 2021 – 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.”

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About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $208 billion in 2020. SIA represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA 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.