ITI Applauds U.S. House Passage of America COMPETES Act
WASHINGTON – Today, global tech trade association ITI released the following statement from its President and CEO Jason Oxman on the passage of the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act in the U.S. House of Representatives:
“The America COMPETES Act provides a critical boost to America’s technological leadership, economic competitiveness, and national security. Its prioritization of research and development, entrepreneurship, and science will strengthen the national innovation ecosystem. Importantly, its investments in domestic semiconductor production will create a more resilient supply chain in the long-term. We applaud the U.S. House of Representatives for advancing this important bill and look forward to working with lawmakers in both the House and Senate to further refine the legislation and get a final bill to the president’s desk without delay.”
###