SIA Urges Full Funding of CHIPS & Science Act Research Programs in President’s FY24 Budget

by Semiconductor Industry Association

WASHINGTON—Feb. 14, 2023—Semiconductor Industry Association (SIA) President and CEO John Neuffer today sent a letter to Office of Management and Budget Director Shalanda Young, encouraging her to include in the President’s Budget Request for Fiscal Year 2024 (FY24) full funding for research and workforce programs authorized by the CHIPS and Science Act of 2022.

“SIA applauds Congress and the Administration for passage and enactment of the CHIPS and Science Act, which provided historic increases in funding for American innovation through programs at the National Science Foundation (NSF), Department of Energy Office of Science (DOE-SC), National Institute of Standards and Technology (NIST), and Department of Commerce Economic Development Administration (EDA),” Neuffer wrote. “To uphold the promise and opportunity of the CHIPS and Science Act, it is pivotal that the Administration and Congress support these programs at the fully authorized level.”

The letter also expresses SIA’s support for robust funding for Department of Defense (DOD) basic research programs, DARPA, the Trusted and Assured Microelectronics Program, and the Microelectronics Commons.

Neuffer added in the letter, “Federal R&D programs have a substantial return on investment throughout the economy, advancing innovations in new technologies that enable progress in such fields as computing, energy, manufacturing, AI, health care, space, telecommunications, and defense. The President’s budget and congressional appropriations should follow through on the historic commitments of the CHIPS and Science Act in order to support a vibrant American innovation ecosystem.”

SIA looks forward to working with the Administration and Congress to advance these important priorities for R&D, innovation, and workforce development.

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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.