ITI Applauds Effort to Boost U.S. Domestic Semiconductor Manufacturing and Design
WASHINGTON – Today, global tech trade association ITI applauded the U.S. House of Representatives introduction of the Facilitating American-Built Semiconductors (FABS) Act:
“The bipartisan FABS Act will help the United States remain competitive by incentivizing domestic semiconductor research, design, and manufacturing. We applaud U.S. Representatives Michael McCaul (R-TX) and Suzan DelBene (D-WA) for prioritizing these important investments,” said ITI’s President and CEO Jason Oxman. “Because building a stronger and more resilient domestic semiconductor supply chain requires a holistic approach, we urge Congress to advance this measure and fund the Creating Helpful Incentives for the Production of Semiconductors (CHIPS) Act as they work towards agreement on the America COMPETES Act and USICA. Our industry looks forward to partnering with lawmakers on this critical effort.”
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