SIA Releases Policy Recommendations for Trump-Vance Administration and 119th Congress

WASHINGTON—Jan. 14, 2025—The Semiconductor Industry Association (SIA) today released a policy agenda setting forth the U.S. semiconductor industry’s policy priorities and suggested areas for collaboration with the Trump-Vance administration and the 119^th Congress.

The policy agenda, titled “Winning the Chip Race,” provides government leaders with actionable policy goals to position the U.S. semiconductor industry for success and ensure America’s economic strength, national security, technology leadership, and global competitiveness.

“To be the world’s economic, technology, and security leader, America must lead the world in semiconductors,” said SIA President and CEO John Neuffer. “It is essential to get in place more government policies that help us run faster at home and abroad, and compete and win in the game-changing technologies of the future. We welcome the opportunity to partner with the new administration and Congress to achieve our shared goals, reinforce America’s semiconductor resurgence, and rise to the great challenges of our time.”

“Winning the Chip Race” sets forward several key policy priorities:

• Semiconductor Manufacturing Incentives and R&D Investments: Advancing incentives for U.S. chipmaking and investments in American innovation.
• Tax: Ensuring the U.S. remains a competitive tax destination to invest in semiconductor research, design, and manufacturing.
• Research: Supporting existing R&D initiatives and growing federal investment in semiconductor research and basic research across the physical sciences to enable U.S. technology leadership and win technologies of the future.
• Workforce and Immigration: Growing the talent pipeline by developing, attracting, and retaining a high-skilled workforce.
• Economic Security – Trade & Supply Chain Resilience: Restoring U.S. trade leadership, building strong global chip supply chains, and facilitating access to new and growing markets.
• National Security – Export Controls & Technology Restrictions: Ensuring policies are carefully calibrated and targeted, effective, and do not undermine the interests they are designed to protect.
• China: Out-competing, out-innovating, and out-flanking to win the future for U.S. semiconductors.
• Environmental & Energy Regulation: Streamlining regulatory and permitting requirements to promote innovation and industry growth, protecting workers and the environment, and supporting American energy strength domestically and around the world.

Semiconductors are the brains of modern electronics, enabling advances in medical devices and health care, communications, computing, defense and aerospace, transportation and infrastructure, energy, and technologies of the future such as artificial intelligence, quantum computing, and advanced wireless networks. A globally competitive U.S. semiconductor industry will allow us to tackle global challenges, boost our economy, enhance national security, and lead the technology race of the 21st century.

SIA stands ready to work with policymakers to adopt a robust policy agenda to advance U.S. semiconductor leadership.

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Media Contact
Dan Rosso
Semiconductor Industry Association
240-305-4738
drosso@semiconductors.org

About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.