by Greg LaRocca, Director of Market Research and Economic Policy
The Semiconductor Industry Association (SIA) released its annual State of the Industry Report today. The report highlights opportunities for continued growth and innovation across the semiconductor industry and notes current and upcoming challenges to the industry’s sustained success. Last year, industry global sales reached $527 billion and nearly 1 trillion semiconductors were sold globally, more […]
by Semiconductor Industry Association
As we mark the second anniversary of the historic CHIPS and Science Act, one thing is clear. The world will continue to need more semiconductors to power the technologies of today and tomorrow, including artificial intelligence, smartphones, cloud computing, electric vehicles, and countless others. For decades, the United States was producing a diminishing share of […]
by Mary Thornton, Vice President, Global Policy
Semiconductors, the chips at the heart of modern technology, power just about every sector of the global economy. Innovation in key end-markets—such as AI, automotive, and industrial—are expected to propel the semiconductor industry to $1 trillion by 2030. To meet increasing demand for chips, semiconductor companies are committing billions of dollars in new investments over […]
by Molly O’Leary, Director of Government Affairs
Bipartisan members of the House of Representatives this week moved to bolster U.S. leadership and global competitiveness in semiconductor design by introducing the Semiconductor Technology Advancement and Research (STAR) Act of 2024. The legislation aims to incentivize U.S. chip design by providing a 25% investment tax credit for design activities conducted in the U.S. Reps. […]
The World Semiconductor Council (WSC) announced last month that it successfully completed the phase-out of intentional uses of perfluorooctanoic acid (PFOA), its salts, and PFOA-related compounds in photolithography or etch processes. Therefore, the WSC reported to the United Nations Stockholm Convention Persistent Organic Pollutants Review Committee (POP-RC) that, as of 2023, the semiconductor industry no […]
Enacted in 2022 to promote U.S.-based semiconductor production and innovation, the CHIPS & Science Act is the most significant federal investment ever made in the U.S. semiconductor industry. While much attention is focused on the CHIPS incentives grant program, the other pillar of the CHIPS Act is also critically important: a substantial, $13 billion investment […]
SIA today released a set of recommendations to promote the success of the National Semiconductor Technology Center (NSTC), a critical public-private research consortium established by the CHIPS and Science Act. SIA’s recommendations synthesize the most up-to-date industry consensus and priorities. The CHIPS & Science Act included the most significant federal investment ever made in chip […]
To maintain U.S. semiconductor leadership, the United States needs a robust trade policy to complement efforts to run faster here at home. That was the main message of public comments SIA submitted on April 22 in response to the United States Trade Representative’s (USTR) request for information on how trade policy can strengthen U.S. supply […]
As America grows its domestic semiconductor ecosystem and reinforces its global technological leadership, a highly skilled workforce will ultimately determine our ability to compete and to fulfill the goals set by Congress and the Administration in the CHIPS and Science Act. Unfortunately, the U.S. faces a shortfall in the supply of skilled workers that the […]
Semiconductors are the key enabling technology that helps promote innovation in a broad range of products across virtually all segments of our economy. After reaching a record total of $574.1 billion in chip sales in 2022, the chip industry experienced an 8.2% decline in global revenue to $526.9 billion in 2023 due to normal market […]
Advancing semiconductor research is essential to continued innovation in the chip industry and throughout our economy. As ever-shrinking semiconductor components face fundamental physical limits, next-gen breakthroughs are unachievable without major advancements. To help address this challenge, Semiconductor Research Corporation (SRC) today unveiled the Microelectronics and Advanced Packaging (MAPT) Roadmap, which defines critical chip research priorities […]
SIA has long supported policies that safeguard national security without unduly harming commercial innovation, manufacturing, employment, and continued American leadership in critical technologies. Consistent with this stance, SIA recently submitted detailed public comments in response to the Advance Notice of Proposed Rulemaking (ANPRM) published on Aug. 13 by the Department of the Treasury regarding the development […]
