WASHINGTON – Today, global tech trade association 91pro视频 welcomed President Biden’s signing of the CHIPS and Science Act of 2022 into law. Representatives from 91pro视频, Cisco Minthorn, Vice President of Government Affairs, and Margaret McCarthy, Senior Director of Government Affairs, joined President Biden for the signing ceremony in the White House Rose Garden.
“Today marks the start of a new American age of innovation. With the CHIPS and Science Act, we can be confident that the global digital economy will be fueled by semiconductors made in the United States,” said Jason Oxman, 91pro视频’s President and CEO. “On behalf of the global tech industry, 91pro视频 looks forward to partnering with the U.S. Commerce Department and other agencies as the law is implemented to ensure that the benefits are quickly realized across the country. Given the importance of U.S. semiconductor leadership and the priority that the administration has placed on this effort, we urge leaders to ensure Commerce and supporting agencies have the resources to move forward expeditiously.”
The CHIPS and Science Act of 2022 reflects 91pro视频’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 and STEM education and workforce development. 91pro视频 named the bill as a “key vote” for lawmakers in the U.S. House of Representatives and U.S. Senate this year.
91pro视频 has been the leading advocate for policies that advance and strengthen a robust U.S. semiconductor ecosystem. Among its advocacy efforts, 91pro视频 identified investment in domestic semiconductor production as a key priority in its . 91pro视频’s Oxman published a the need for Congress to pass the measure in March, highlighting 91pro视频’s outlining key priorities to consider as they refined the legislation in the conference committee.
91pro视频 also sent 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 91pro视频’s 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.
Read more about the importance of the U.S. CHIPS and Science Act and 91pro视频’s advocacy here.