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Latest News

Press Release: 11/20/24

SIA Praises Finalization of CHIPS Investments for GlobalFoundries Manufacturing Projects

WASHINGTON—Nov. 20, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding finalization of semiconductor manufacturing investments announced by the U.S. Department of Commerce and GlobalFoundries. The incentives, which are part of the CHIPS and Science Act, will support GlobalFoundries manufacturing projects in New York and Vermont. […]

Domestic Manufacturing
Press Release: 11/19/24

SIA Applauds CHIPS Award for Semiconductor Research Corporation’s SMART USA Institute

WASHINGTON—Nov. 19, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the announcement that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Commerce Department to provide SRC $285 million to establish and operate the CHIPS […]

Press Release: 11/19/24

Natcast CEO Deirdre Hanford to Deliver Keynote Remarks at 2024 SIA Awards Dinner

Natcast is the non-profit entity operating the National Semiconductor Technology Center (NSTC), established by the CHIPS and Science Act WASHINGTON—Nov. 14, 2024—The Semiconductor Industry Association (SIA) today announced Natcast CEO Deirdre Hanford will be the keynote presenter at the 2024 SIA Awards Dinner this Thursday, Nov. 21 in San Jose, CA. Natcast is the non-profit entity operating the […]

Press Release: 11/15/24

SIA Commends Finalization of CHIPS Incentives for TSMC

WASHINGTON—Nov. 15, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding finalization of the agreement to allocate incentives to TSMC under the CHIPS and Science Act. The agreement between TSMC and the U.S. Department of Commerce will support the expansion of TSMC’s semiconductor fabs in Arizona. […]

Domestic ManufacturingSupply Chain Security
Press Release: 11/08/24

SIA Applauds CHIPS Act Incentives for Corning and Powerex

WASHINGTON—Nov. 8, 2024— The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce for Corning and Powerex. The incentives, which are part of the CHIPS and Science Act, will supplement company investments in the U.S. that will create […]

Domestic ManufacturingSupply Chain Security
Press Release: 11/07/24

SIA Statement on Election Results

WASHINGTON, Nov. 7, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer regarding this week’s election results. “We congratulate President-elect Trump, Vice President-elect Vance, and new and returning members of Congress. Policymakers from both parties recognize a strong domestic chip industry is critical to America’s economic strength, […]

Press Release: 11/07/24

Professors from Georgia Tech and University of Michigan to be Honored for Excellence in Semiconductor Research

WASHINGTON—Nov. 7, 2024—The Semiconductor Industry Association (SIA) and Semiconductor Research Corporation (SRC) today announced the recipients of the 2024 University Research Awards: Suman Datta, the Joseph M. Pettit Chair of Advanced Computing, Georgia Research Alliance (GRA) Eminent Scholar and Professor, and Electrical & Computer Engineering professor at Georgia Tech; and Michael Flynn, the Fawwaz T. Ulaby Collegiate Professor […]

Research
Press Release: 11/05/24

Global Semiconductor Sales Increase 23.2% in Q3 2024 compared to Q3 2023; Quarter-to-Quarter sales up 10.7%

Global chip sales hit highest-ever monthly total in September WASHINGTON—Nov. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion […]

Market Data
Press Release: 11/01/24

SIA Commends Selections for CHIPS R&D Flagship Facilities

WASHINGTON—Nov. 1, 2024— The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the selections for the first two CHIPS for America National Semiconductor Technology Center (NSTC) facilities. The first facility will focus on extreme ultraviolet (EUV) lithography research and will be located within NY CREATES’s Albany […]

Domestic ManufacturingResearchSupply Chain SecurityWorkforce & Immigration
Blog: 10/25/24

New Tax Rules Provide Manufacturers a Clear Path Forward in Revitalizing U.S. Chip Production

by Molly O’Leary, Director of Government Affairs

On Tuesday, the U.S. Department of Treasury and the Internal Revenue Service (IRS) issued the much-anticipated final regulations for the Advanced Manufacturing Investment Credit (AMIC), the 25% investment tax credit enacted by the CHIPS and Science Act (CHIPS Act). The credit, codified in Section 48D of the tax code, is a core component of the […]

Domestic ManufacturingSupply Chain SecurityTax
Press Release: 10/22/24

SIA Welcomes Final Regulations for the Advanced Manufacturing Investment Tax Credit

WASHINGTON—Oct. 22, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer welcoming the release of final regulations implementing the “Advanced Manufacturing Investment Credit,” a tax credit enacted as part of the landmark CHIPS and Science Act to incentivize domestic chip production. The U.S. Department of the Treasury […]

Domestic ManufacturingTax
Press Release: 10/21/24

SIA Applauds CHIPS Incentives for Hemlock Manufacturing Expansion in Michigan

WASHINGTON—Oct. 21, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Hemlock Semiconductor (HSC). Today’s announced incentives are designed to help HSC build a new hyper-pure semiconductor-grade polysilicon facility in Michigan. “Polysilicon is a critical […]

Domestic ManufacturingSupply Chain Security