The SIA applauded a letter sent to congressional leaders urging swift action to fund the CHIPS for America Act and enact a strengthened version of the FABS Act to bolster U.S.-based semiconductor research, design, and manufacturing. The letter’s signatories represent major sectors of the economy — including chip, auto, medical device, tech, telecom, manufacturing, and others — and millions of U.S. workers.
Key Points
This letter is the latest in a series of calls from business leaders (including semiconductor industry leaders), U.S. governors, members of Congress, national security experts, and others in support of U.S. government action to strengthen domestic semiconductor research, design, and manufacturing.
The share of global semiconductor manufacturing capacity in the U.S. has decreased from 37% in 1990 to 12% today, according to a report by SIA and the Boston Consulting Group (BCG).