Year-to-year market growth in February is largest since May 2022; worldwide chip sales decrease 3.1% month-to-month WASHINGTON—April 3, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $46.2 billion during the month of February 2024, an increase of 16.3% compared to the February 2023 total of $39.7 billion but a decrease of […]
WASHINGTON—March 20, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Intel Corporation. The incentives, which are part of the CHIPS and Science Act, will support four Intel manufacturing projects in Arizona, Ohio, Oregon, and […]
by Semiconductor Industry Association
Semiconductors are the key enabling technology that helps promote innovation in a broad range of products across virtually all segments of our economy. After reaching a record total of $574.1 billion in chip sales in 2022, the chip industry experienced an 8.2% decline in global revenue to $526.9 billion in 2023 due to normal market […]
WASHINGTON—March 7, 2024—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 the initial progress made in implementing the landmark CHIPS and Science Act, which is on track to greatly […]
Year-to-year market growth in January is largest since May 2022; worldwide chip sales decrease 2.1% month-to-month WASHINGTON—March 4, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $47.6 billion during the month of January 2024, an increase of 15.2% compared to the January 2023 total of $41.3 billion but a decrease of […]
WASHINGTON—March 4, 2024— The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the decision by the World Trade Organization (WTO) to renew the Moratorium on Customs Duties on Electronic Transmissions during the 13th Ministerial Conference (MC13) in Abu Dhabi. “In terms of high drama, […]
WASHINGTON—Feb. 19, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer in response to the semiconductor manufacturing incentives announced by the U.S. Department of Commerce and GlobalFoundries. The incentives, which are part of the CHIPS and Science Act, will support three GlobalFoundries manufacturing projects in New York […]
WASHINGTON AND NEW DELHI—Feb. 14, 2024—The Semiconductor Industry Association (SIA) and the India Electronics and Semiconductor Association (IESA) today welcomed the release of a report evaluating India’s existing semiconductor ecosystem and policy frameworks and offering recommendations to facilitate longer-term strategic development of complementary semiconductor ecosystems in the U.S. and India. The report, titled “Assessing India’s […]
Administration announces launch of National Semiconductor Technology Center as well as funding for chip workforce, other programs WASHINGTON—Feb. 9, 2024—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the administration’s launch of over $5 billion in semiconductor R&D investments through the National Semiconductor Technology Center (NSTC), as […]
Worldwide industry sales totaled $526.8 billion in 2023; market grew during second half of year and sales are projected to increase by 13.1% in 2024 WASHINGTON—Feb. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $526.8 billion in 2023, a decrease of 8.2% compared to the 2022 total of $574.1 billion, […]
WASHINGTON—Jan. 31, 2024—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending House passage tonight of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of immediate domestic R&D expensing and the United States-Taiwan Expedited Double-Tax […]
WASHINGTON—Jan. 23, 2024—The Semiconductor Industry Association (SIA) today released the following statement from vice president of government affairs David Isaacs in response to the introduction in Congress of the Tax Relief for American Families and Workers Act. The legislation includes two provisions critical to the semiconductor industry: the restoration of domestic R&D expensing and the […]
