ITI Underscores Need to Preserve U.S. Competition and Leadership in CHIPS Implementation
WASHINGTON – Today, global tech trade association ITI underscored the importance of preserving global competition and leadership in semiconductor research and manufacturing as the U.S. implements the U.S. CHIPS and Science Act. In separate comment filings to the U.S. Departments of Commerce and Treasury, ITI offered recommendations that would encourage participation in the CHIPS program and avoid duplicative and conflicting guidance while supporting the United States’ national security objectives.
“The CHIPS Act will strengthen the United States’ innovation ecosystem, improve its national security capabilities, and help the country maintain a competitive edge,” said ITI’s President and CEO Jason Oxman. “Furthermore, investments in the domestic semiconductor ecosystem will create jobs, boost manufacturing, and grow businesses around the country. To ensure its successful implementation and maximize participation in the CHIPS program, the administration must work with industry to support international collaboration, including research and standards-setting, while advancing important national security goals.”
ITI’s comments to the U.S. Department of Commerce highlight the need to implement a national security guardrails rule that supports the vision of the CHIPS Act by encouraging participation in the international semiconductor ecosystem, which is critical to maintaining U.S. competitiveness. To that end, ITI recommends implementing exceptions or releases to protect funding recipients’ existing relationships, overseas workforces, and participation in research and standards bodies. Read ITI’s comments to the Department of Commerce here.
ITI’s comments to the Department of Treasury focus on the need to streamline the review and enforcement processes for overlapping provisions between the CHIPS Act and the advanced manufacturing investment credit in order to fully incentivize the manufacture of semiconductors and semiconductor manufacturing equipment within the United States. That includes addressing legacy semiconductors, expanding the definition of advanced packaging and reducing the administrative and compliance burden. Read ITI’s comments to the Department of Treasury here.