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Blog: 08/08/24

Two Years After CHIPS Enactment, Here’s How to Sustain America’s Budding Semiconductor Resurgence

by John Neuffer, President and CEO

As we mark the second anniversary of the historic CHIPS and Science Act, one thing is clear. The world will continue to need more semiconductors to power the technologies of today and tomorrow, including artificial intelligence, smartphones, cloud computing, electric vehicles, and countless others. For decades, the United States was producing a diminishing share of […]

Chip DesignDomestic ManufacturingEmerging TechnologiesSupply Chain SecurityTaxTrade
Blog: 08/08/24

New SIA Report Offers Policy Blueprint for Facilitating Global Semiconductor Investment

by Mary Thornton, Vice President, Global Policy

Semiconductors, the chips at the heart of modern technology, power just about every sector of the global economy. Innovation in key end-markets—such as AI, automotive, and industrial—are expected to propel the semiconductor industry to $1 trillion by 2030. To meet increasing demand for chips, semiconductor companies are committing billions of dollars in new investments over […]

Supply Chain SecurityTrade
Press Release: 08/07/24

SIA Applauds CHIPS Act Incentives for SK hynix

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. Commerce Department and SK hynix. The incentives will help SK hynix expand its advanced packaging operations and R&D in Indiana. The Commerce Department previously announced incentives for a range of […]

Domestic ManufacturingResearch
Press Release: 08/05/24

Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023; Quarter-to-Quarter Sales Up 6.5%

WASHINGTON—August 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an increase of 1.7% compared to […]

Market Data
Blog: 08/01/24

House Lawmakers Take Important Step to Secure U.S. Semiconductor Design Leadership

by Molly O’Leary, Director of Government Affairs

by Zach Isakowitz, Director of Government Affairs

Bipartisan members of the House of Representatives this week moved to bolster U.S. leadership and global competitiveness in semiconductor design by introducing the Semiconductor Technology Advancement and Research (STAR) Act of 2024. The legislation aims to incentivize U.S. chip design by providing a 25% investment tax credit for design activities conducted in the U.S. Reps. […]

Chip DesignDomestic ManufacturingTax
Press Release: 08/01/24

Dr. Aart de Geus, Synopsys Executive Chair and Founder, to Receive Semiconductor Industry’s Highest Honor

Industry luminary who pioneered EDA technology to accept 2024 Robert N. Noyce Award at SIA Awards Dinner on Nov. 21 WASHINGTON—August 1, 2024—The Semiconductor Industry Association (SIA) today announced Dr. Aart de Geus, Synopsys executive chair and founder, has been selected as the 2024 recipient of SIA’s highest honor, the Robert N. Noyce Award. SIA […]

Press Release: 07/30/24

SIA Urges Senate Passage of Tax Relief for American Families and Workers Act

WASHINGTON—July 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer, urging Senate approval of the House-passed Tax Relief for American Families and Workers Act (H.R. 7024). The legislation, which the Senate is expected to vote on later this week, includes two provisions critical to the semiconductor […]

TaxTrade
Press Release: 07/30/24

SIA Applauds House Introduction of Legislation to Establish Investment Tax Credit for Semiconductor Design

WASHINGTON—July 30, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in the U.S. House of Representatives of bipartisan legislation that would expand the CHIPS and Science Act’s 25% investment tax credit to include investments in semiconductor design, the critical and high-value-add mapping of […]

Chip Design
Press Release: 07/26/24

SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona

WASHINGTON—July 26, 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 Amkor. The incentives, which are part of the CHIPS and Science Act, will support Amkor’s advanced packaging operations in Arizona. The Commerce Department previously […]

Domestic ManufacturingSupply Chain Security
Press Release: 07/18/24

Carrie Esko Joins SIA Team

WASHINGTON—July 18, 2024—The Semiconductor Industry Association (SIA) today announced Carrie Esko has joined the SIA team. Esko will serve as director of global policy for trade and supply chain matters. “We need strong trade and supply chain policies to build bigger markets globally where we can sell the chips we manufacture here at home,” said […]

Press Release: 07/17/24

SIA Applauds CHIPS Act Incentives for GlobalWafers Projects in Texas and Missouri

WASHINGTON—July 17, 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 GlobalWafers. The incentives, which are part of the CHIPS and Science Act, will support the development of semiconductor wafer production in Texas and Missouri. […]

Chip DesignDomestic ManufacturingSupply Chain Security
Blog: 07/09/24

Global Semiconductor Industry Announces Phaseout of Intentional Uses of PFOA

by Alex Gordon, Manager, Government Affairs

The World Semiconductor Council (WSC) announced last month that it successfully completed the phase-out of intentional uses of perfluorooctanoic acid (PFOA), its salts, and PFOA-related compounds in photolithography or etch processes. Therefore, the WSC reported to the United Nations Stockholm Convention Persistent Organic Pollutants Review Committee (POP-RC) that, as of 2023, the semiconductor industry no […]

Environment, Health & Safety