SAN JOSE – The Semiconductor Industry Association today urged confirmation of Federal Reserve Board Chairman Ben Bernanke to a second term.

“Chairman Bernanke has exercised prudent stewardship during a time of severe economic turmoil,” said SIA president George Scalise, in a statement. “Throughout his tenure at the Fed, Chairman Bernanke has recognized the important role of America’s high-tech industries – and especially of the semiconductor industry – in driving economic growth and enhancing the productivity of American workers.

“Understanding the vital role of technology in the US economy is critical in shaping economic and fiscal policies that promote job growth and attract investment in research and capital-intensive industries. We urge the Senate to confirm Chairman Bernanke’s nomination.”