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The bipartisan legislation would improve the competitiveness of semiconductor research, design and manufacturing in the US.
June 12, 2020
By: Anthony Locicero
Copy editor, New York Post
Facing a 50% decline in the U.S. share of global semiconductor manufacturing capacity over the past 20 years, Congress has introduced the Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS for America Act), highlighted by a federal investment tax credit (ITC) strongly supported by SEMI, the global industry association representing the electronics manufacturing and design supply chain. The bipartisan legislation would improve the competitiveness of semiconductor r...
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