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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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

WASHINGTON—May 24, 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. Commerce Department and Absolics, an affiliate of the Korea-based SKC. The incentives, which are part of the CHIPS and Science Act, will support the construction of a 120,000 […]

WASHINGTON—May 13, 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. Commerce Department and Polar Semiconductor. The incentives, which are part of the CHIPS and Science Act, will support the expansion of Polar Semiconductor’s chip production capabilities in Minnesota, […]

U.S. forecast to increase its domestic chip manufacturing by 203% in the decade following enactment of the CHIPS and Science Act—and expand its share of the world’s total fab capacity for the first time in decades—according to new Semiconductor Industry Association/Boston Consulting Group report focused on the global chip supply chain WASHINGTON—May 8, 2024—The Semiconductor […]

by Mary Thornton, Vice President, Global Policy

To maintain U.S. semiconductor leadership, the United States needs a robust trade policy to complement efforts to run faster here at home. That was the main message of public comments SIA submitted on April 22 in response to the United States Trade Representative’s (USTR) request for information on how trade policy can strengthen U.S. supply […]