The Semiconductor Industry Association (SIA) Board of Directors, comprised of CEOs and senior executives at leading U.S. chip companies, sent a letter Feb. 11 to President Joe Biden, urging him to include substantial funding for semiconductor manufacturing and research in the administration’s economic recovery and infrastructure plan.
SIA represents 98% of the U.S. semiconductor industry by revenue.
The share of global semiconductor manufacturing capacity in the U.S. has decreased from 37% in 1990 to 12% today.
This decline is largely due to substantial subsidies offered by the governments of global competitors, which have placed the U.S. at a competitive disadvantage in attracting new fab construction.
In addition, federal investment in semiconductor research has been flat, while other governments have invested substantially in research initiatives to strengthen their own semiconductor capabilities.
The SIA letter urges Biden to prioritize semiconductor investment to reassert U.S. technological leadership and fulfill the goals of the Biden administration’s “Build Back Better” plan.
“Semiconductors power essential technological advancements across health care, communications, clean energy, computing, transportation and countless other sectors, and chip-enabled technologies have helped keep us productive and connected during the pandemic,” said John Neuffer, SIA president and CEO. “By investing boldly in domestic semiconductor manufacturing incentives and research initiatives, President Biden and Congress can...