SIA Welcomes Progress Toward Selection of National Semiconductor Technology Center Leadership

by Semiconductor Industry Association

WASHINGTON—June 20, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer welcoming the Commerce Department’s appointment of a committee that will select the board of trustees of the National Semiconductor Technology Center (NSTC), a critical entity established by the CHIPS and Science Act of 2022 to promote U.S. semiconductor research and development.

“Today’s announcement marks good progress toward standing up the National Semiconductor Technology Center, a centerpiece of the historic CHIPS and Science Act enacted last year to reinvigorate domestic chip production and innovation. The selection committee members’ deep and varied experience makes them well-positioned to appoint a strong board of trustees that will ensure effective and efficient NSTC implementation. We look forward to working with the NSTC selection committee, the eventual board of trustees, and Secretary Raimondo and other leaders in the Commerce Department to ensure the CHIPS and Science Act provides maximum return on investment for America’s economy, national security, and supply chain resilience.”

SIA and the Boston Consulting Group (BCG) last October released a report identifying five key areas of the semiconductor R&D ecosystem that should be strengthened by the CHIPS Act’s R&D funding. The report, titled “American Semiconductor Research: Leadership Through Innovation,” highlights the importance of government-industry collaboration on the NSTC and the National Advanced Packaging Manufacturing Program (NAPMP). The study also calls for CHIPS funding to be used to bridge key gaps in the current semiconductor R&D ecosystem to help pave the way for sustained U.S. chip innovation leadership.

The CHIPS Act’s manufacturing incentives have already sparked substantial investments in the U.S.  In fact, companies in the semiconductor ecosystem have announced dozens of new projects across America—totaling more than $200 billion in private investments—since the CHIPS Act was introduced. These announced projects will create more than 40,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional U.S. jobs throughout the U.S. economy.

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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.