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semi-applauds-senate-progress-on-chips-act-of-2022-urges-timely-congressional-approval
semi-applauds-senate-progress-on-chips-act-of-2022-urges-timely-congressional-approval

SEMI applauds Senate progress on CHIPS Act of 2022, urges timely congressional approval

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SEMI, the industry association serving the global electronics design and manufacturing supply chain, has publicly applauded progress in the US Senate on a robust package of federal incentives for the semiconductor supply chain.

The association has also urged the Act’s timely passage in Congress.

The bill includes $52bn in funding for new semiconductor programmes, including $39bn for a grant programme available to semiconductor manufacturers as well as equipment and materials suppliers.

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