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SEMI Issues Statement on Change to U.S. CHIPS Act Notice of Funding Opportunity
April 11, 2024 | SEMIEstimated reading time: 1 minute
SEMI, the industry association serving the global electronics design and manufacturing supply chain, issued the following statement from Ajit Manocha, SEMI President and CEO, after the United States Government announced it will no longer move forward with the Notice of Funding Opportunity for CHIPS funding for the construction, modernization, or expansion of semiconductor research and development (R&D) facilities in the United States:
“We recognize that the Department of Commerce was faced with a difficult decision to change course regarding the issuance of a third Notice of Funding Opportunity related to R&D under the CHIPS and Science Act due to recent legislative actions directing the department to make a $3.5 billion investment in secure enclave. While we acknowledge the importance of the underlying objectives guiding recent decisions, we are concerned about their impact on longstanding plans for implementing the CHIPS Act, which was shaped by extensive stakeholder input and industry analysis.”
“Strong investment and support for R&D is essential to advance foundational technologies across the semiconductor supply chain and enhance the overall competitiveness of the U.S. semiconductor industry. Private R&D is the cornerstone of the semiconductor industry, propelling the next generation of innovation. SEMI urges Congress to work alongside the Department of Commerce to fulfill the intent of the CHIPS and Science Act of 2022 to fund private R&D activities under the legislation. Key investments to spur and scale private R&D projects must be paired with support for the National Semiconductor Technology Center (NSTC) to meet the objectives of CHIPS and Science Act and secure the United States’ technological leadership. SEMI stands ready to work with the Department of Commerce and Congress to ensure robust funding for private R&D projects.”
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SIA Applauds CHIPS Act Incentives for Absolics Project in Georgia
05/30/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Commerce Department and Absolics, an affiliate of the Korea-based SKC.
Worldwide AI Chips Revenue to Grow 33% in 2024
05/29/2024 | Gartner, Inc.Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.
Global Automotive Semiconductor Market Revenue to Surpass $8.5 Billion by 2027
05/29/2024 | IDCAccording to IDC’s Worldwide Semiconductor Automotive Ecosystem and Supply Chain, IDC expects unprecedented growth in the global automotive semiconductor market as the automotive sector progresses toward digitalization and intelligence.
SEMI Applauds U.S. CHIPS Act Award for Polar Semiconductor Facility in Minnesota
05/14/2024 | SEMISEMI, the industry association serving the global semiconductor and electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion and modernization of Polar Semiconductor’s fab in Minnesota.
American Made Advocacy: What About the Rest of the Technology Stack?
05/14/2024 | Travis Kelly -- Column: American Made AdvocacyThose of us who have been in the industry for any length of time know America manufactures very little of the world’s supply of microelectronics. This happened over decades and was invisible or ignored by policymakers as companies shipped both their ideas and their production to Asia—and made a good profit in the process.