Global semiconductor manufacturing industry association SEMI has expressed its backing for the US government’s initiative to support to chipmaking in America.
Facing a staggering “50 percent decline” in the US share of global semiconductor manufacturing capacity over the past 20 years, Congress has introduced the Creating Helpful Incentives to Produce Semiconductors for America Act – also known as CHIPS for America Act.
The measures called for in the Act include a federal investment tax credit, which is “strongly supported” by SEMI, which represents the electronics manufacturing and design supply chain. [Read more…] about SEMI backs US government initiative to support to chipmaking in America