WASHINGTON – The Semiconductor Industry Association, along with 16 technology, medical, auto, and other business groups, sent a letter urging President Biden to work with Congress to fully fund domestic semiconductor manufacturing and research provisions established in the recently enacted National Defense Authorization Act.

The letter also calls on leaders in Washington to enact an investment tax credit to help build and modernize more semiconductor manufacturing facilities in the US.

The coalition letter describes strengthening the US position in semiconductor research, design, and manufacturing as a national priority, given semiconductors’ critical role in driving America’s economy, job creation, innovation, and national security.

“President Biden and Congress have a historic opportunity to invest boldly in domestic semiconductor manufacturing incentives and research initiatives to turbocharge American innovation and ensure the long-term strength of US economic growth, job creation, national security, and this country’s chip supply chains,” said John Neuffer, SIA president and CEO. “We are pleased to join with leaders in a range of key tech, medical, automotive sectors, as well as broad business and manufacturing groups, to urge the president to prioritize investments in chip technology as part of the administration’s recovery and infrastructure proposal.”

By enacting the CHIPS for America Act in the 2021 National Defense Authorization Act, Congress recognized the critical role the US semiconductor industry plays in America’s future, SIA says. Now, SIA and the broad coalition signing the letter call on the administration and Congress to fully fund the provisions authorized by the NDAA and to enact an investment tax credit.

The following groups signed the letter: Advanced Medical Technology Association, Alliance for Automotive Innovation, Autos Drive America, CTIA, Global Business Alliance, IPC International, Information Technology Industry Council, Motor & Equipment Manufacturers Association, National Association of Manufacturers, National Defense Industrial Association, SEMI, Semiconductor Industry Association, Tech CEO Council, TechNet, TIA, Trusted Supplier Steering Group, and the US Chamber of Commerce.

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