U.S. House Bill Can Boost U.S. Competition, Semiconductor Manufacturing
WASHINGTON – Today, global tech trade association ITI issued the following statement from its Executive Vice President of Government Affairs Andy Halataei on the release 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 is an important step to strengthen America’s technology leadership, economic competitiveness, and national security. Its investments in research and development, entrepreneurship, and science will support high-tech jobs and manufacturing in communities around the country. Importantly, its funding for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act will boost domestic semiconductor production and create a more resilient ecosystem in the long-term. We look forward to continuing to work with lawmakers as they refine and advance this important measure.”
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