Latest News

Latest News

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 Design and R&DDomestic 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 and R&D
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 Design and R&DDomestic 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
Press Release: 07/05/24

Global Semiconductor Sales Increase 19.3% Year-to-Year in May

May sales increase on a year-to-year basis by largest percentage since April 2022; worldwide chip sales increase 4.1% month-to-month WASHINGTON—July 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales hit $49.1 billion during the month of May 2024, an increase of 19.3% compared to the May 2023 total of $41.2 billion and […]

Market Data
Blog: 06/25/24

Tracking the Progress of the CHIPS R&D Programs

by Alex Gordon, Manager, Government Affairs

by Erik Hadland, Director of Technology Policy

Enacted in 2022 to promote U.S.-based semiconductor production and innovation, the CHIPS & Science Act is the most significant federal investment ever made in the U.S. semiconductor industry. While much attention is focused on the CHIPS incentives grant program, the other pillar of the CHIPS Act is also critically important: a substantial, $13 billion investment […]

Chip Design and R&DEmerging TechnologiesResearch
Press Release: 06/06/24

Global Semiconductor Sales Increase 15.8% Year-to-Year in April; New Industry Forecast Projects Market Growth of 16.0% in 2024

Worldwide chip sales increase 1.1% month-to-month in April, marking first month-to-month growth of 2024 WASHINGTON—June 6, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $46.4 billion during the month of April 2024, an increase of 15.8% compared to the April 2023 total of $40.1 billion and 1.1% more than the March […]

Market Data