WASHINGTON—July 28, 2023—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding Senate passage of the Building Chips in America Act (Kelly Amendment #985) as part of the National Defense Authorization Act (NDAA). The amendment will maximize the impact of the CHIPS and Science Act by streamlining federal reviews for chip manufacturing projects while keeping environmental protections in place.
“Enactment of the CHIPS and Science Act was a landmark step toward reinvigorating domestic semiconductor manufacturing and innovation. Announced CHIPS projects total more than $200 billion in private investments and will create more than 40,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional jobs throughout the U.S. economy.
“The Building Chips in America Act will help ensure these new facilities get up and running in an expeditious and environmentally responsible way, which will help maximize the CHIPS Act’s positive impact on America’s economic and national security. We thank the legislation’s Senate sponsors—Sens. Mark Kelly (D-Ariz.), Ted Cruz (R-Texas), Todd Young (R-Ind.), Bill Hagerty (R-Tenn.), Sherrod Brown (D-Ohio), Martin Heinrich (D-N.M.), Kyrsten Sinema (I-Ariz.), and Ted Budd (R-N.C.)—for their leadership, applaud Senate approval, and urge House and Senate negotiators to include the amendment in final NDAA passage.”
Source: SIA
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
Qualcomm expects its fourth-quarter profit to fall below market expectations, citing a faster-than-anticipated decline in revenue from Apple products. However, the company stated that growth in data c
2026 has entered its second half.Looking back at the first half of the year, the global semiconductor industry continued to evolve under the strong momentum of AI demand. The rapid expansion of AI ser
SEMI's latest forecast projects that global semiconductor manufacturing equipment sales will reach a record US$165.9 billion in 2026, representing a 23.2% year-over-year increase. Driven by sustai