The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neufer applauding the Senate's passage of the Make Chips in America Act (Kelly Amendment #985) as part of the national defense authorization (NDAA). The amendment maximizes the impact of the CHIPS and Science Act by streamlining federal inspections of chip manufacturing projects while maintaining environmental protections.
"The adoption of the Law on CHIPS and Science was a significant step towards the restoration of the domestic semiconductor industry. production and innovation. The announced CHIPS projects represent more than $200 billion in private investment and will create more than 40,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional jobs throughout the US economy.
“The CHIPS Act in America will help ensure the rapid and environmentally responsible operation of these new facilities, which will help maximize the positive impact of the CHIPS Act on America's economic and national security. We thank the sponsors of the legislation in the Senate — Sens. Mark Kelly (Arizona), Ted Cruz (Texas), Todd Young (Indiana), Bill Hagerty (Tennessee), Sherrod Brown (Ohio), Martin Heinrich (New Mexico). ), Kirsten Sinema (I-Arizona), and Ted Budd (R-NC) for their leadership, applaud the Senate's approval and urge House and Senate negotiators to include the amendment in the final passage of the NDAA."
Source: electronicproducts.com
