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 […]
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 […]
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 […]
WASHINGTON—Oct. 18, 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 Infinera. The incentives, which are part of the CHIPS and Science Act, will support the development of an advanced test and packaging facility in […]
WASHINGTON—Oct. 15, 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 Wolfspeed. The incentives, which are part of the CHIPS and Science Act, will support the construction of Wolfspeed’s new silicon carbide wafer manufacturing facility […]
by Mary Thornton, Vice President, Global Policy
In the roughly two-and-a-half years since Russia invaded Ukraine, the United States and other likeminded governments have imposed far-reaching export controls and sanctions intended to choke off Russia’s access to the technologies needed to fuel its aggression. The U.S. semiconductor industry is a big part of that effort and has been working in close partnership […]
Sales hit highest-ever recorded numbers for the month of August; worldwide chip sales increase 3.5% month-to-month WASHINGTON—Oct. 4, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $53.1 billion during the month of August 2024, an increase of 20.6% compared to the August 2023 total of $44.0 billion and 3.5% more than the […]
by Erik Hadland, Director of Technology Policy
Today marks a significant milestone in the CHIPS for America initiative: the National Semiconductor Technology Center (NSTC) is officially open for membership. This landmark public-private partnership is set to strengthen U.S. semiconductor technology leadership, reduce time from lab-to-fab, and expand the semiconductor workforce. With membership now available, semiconductor companies, universities, nonprofits and research institutions, national […]
WASHINGTON—Sept. 24, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding the first finalized agreement to allocate incentives under the CHIPS and Science Act. The agreement between Polar Semiconductor and the U.S. Department of Commerce will support the expansion of Polar’s chip production capabilities in Minnesota. […]
WASHINGTON—Sept. 23 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer urging the House of Representatives to pass the Building Chips in America Act (S. 2228). The bipartisan legislation would maximize the positive impact of the CHIPS and Science Act by allowing certain semiconductor manufacturing projects incentivized […]
by Greg LaRocca, Director of Market Research and Economic Policy
The Semiconductor Industry Association (SIA) released its annual State of the Industry Report today. The report highlights opportunities for continued growth and innovation across the semiconductor industry and notes current and upcoming challenges to the industry’s sustained success. Last year, industry global sales reached $527 billion and nearly 1 trillion semiconductors were sold globally, more […]
WASHINGTON—Sept. 5, 2024—The Semiconductor Industry Association (SIA) today announced Greg LaRocca has joined the SIA team as director of industry research and economic policy. LaRocca will lead SIA’s industry statistics, data analytics, and market research work. “During this highly consequential time for the semiconductor industry, it is critical for SIA to provide accurate data and […]
