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 […]
by Semiconductor Industry Association
Global semiconductor sales data released last week showed the industry experienced significant ups and downs in 2022. While chip sales reached the highest-ever annual total in 2022, the slowdown in the second half of the year substantially limited growth. A deeper dive into the year-end data reveals how this pattern is consistent with the semiconductor […]
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 […]
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 […]
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 […]
By Guest Contributor, Mike Russo, President & CEO, NIIT
The COVID-19 pandemic highlighted an uncomfortable truth that had long been simmering in the back of our minds: the U.S. does not have an adequate tech workforce. As global supply chains shut down, everything from automobiles to home appliances faced shortages as our domestic capacity in advanced manufacturing could not keep up with demand. The […]
by Semiconductor Industry Association
SIA has long supported export control policy that safeguards national security without unduly harming the commercial innovation that is essential to America’s economy, national security, and technological leadership. Consistent with these longstanding efforts, SIA recently submitted detailed public comments regarding significant new semiconductor export control rules released on Oct. 7 by the Bureau of Industry […]
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 […]
by Semiconductor Industry Association
As the devastating war in Ukraine continues, the U.S. semiconductor industry remains committed to fully complying with all export control regulations issued by the U.S. and allied partner nations to impede Russian aggression. The U.S. government and its partners have targeted the Russian defense industry’s reliance on imported microelectronics by issuing new sanctions and export […]
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. […]
by Semiconductor Industry Association
Last updated August 28, 2024 By enacting the CHIPS and Science Act in August 2022, policymakers in Washington took an historic step toward attracting investment in semiconductor production and innovation in the U.S. And while the new law must still be implemented effectively and efficiently to realize its potential, the CHIPS Act has already sparked […]
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 […]
