The semiconductor industry is a key driver of America’s economic strength, national security, and global competitiveness. It is one of the top export industries in the country and is represented by the Semiconductor Industry Association (SIA), which is the voice of the industry. SIA recently released a statement on April 30, 2024, in support of provisions included in legislation pending before the Senate Commerce Committee.
The statement was made by Vice President of Government Affairs David Isaacs, who highlighted the importance of funding critical CHIPS & Science Act programs. These programs would advance innovation and promote resiliency throughout the semiconductor supply chain. SIA commended Chair Cantwell for proposing these important provisions to fund CHIPS & Science programs.
SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. They work with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. More information about SIA can be found at www.semiconductors.org.