ITI on CHIPS Senate Passage: House Must Act Now to Strengthen U.S. Innovation, Protect American Leadership
WASHINGTON – Today, global tech trade association ITI applauded the U.S. Senate’s passage of The U.S.CHIPS Act of 2022:
“Semiconductors power the products American consumers rely on from laptops and mobile devices to home appliances, and support innovative technologies like 5G and artificial intelligence that are key to U.S. national security and competitiveness,” said Jason Oxman, ITI’s President and CEO. “The U.S. CHIPS Act of 2022 makes important investments in scientific research and development and domestic semiconductor manufacturing that will help the United States remain competitive in an evolving global landscape where other nations have been out-investing the U.S. for some time. We applaud the U.S. Senate’s bipartisan leadership and urge the U.S. House of Representatives to act quickly and send this legislation to the President’s desk.”
The U.S. CHIPS Act of 2022 reflects ITI’s priorities for maintaining U.S. technological leadership including in chip manufacturing, research and production; development of open-architecture, software-based wireless technologies (ORAN); creation of regional technology hubs; a tax credit for investments in semiconductor manufacturing; and new investments in scientific research.
ITI has been the leading advocate for policies that advance and strengthen a robust U.S. semiconductor ecosystem. Among its advocacy efforts, ITI identified investment in domestic semiconductor production as a key priority in its 2022 policy roadmap. ITI’s Oxman published a blog underscoring the need for Congress to pass the measure in March, highlighting ITI’s letter to lawmakers outlining key priorities to consider as they refined the legislation in conference committee.
ITI also sent recommendations to the U.S. Department of Commerce on the need to invest in the overall semiconductor ecosystem, including fully funding The CHIPS for America Act, working with global partners and allies, and building a skilled and advanced manufacturing workforce in March. This followed ITI’s comments in November 2021 encouraging the government to remain focused on supporting and accelerating strategic investments in research, development, prototyping, manufacturing, and advanced packaging capacity across the semiconductor supply chain ecosystem.
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