Flexible Electronics News

SEMI, 16 Industry Groups Urging Support for CHIPS Act Funding, Investment Tax Credit

Sent letter to US President Joe Biden.

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By: Anthony Locicero

Copy editor, New York Post

In a letter sent to President Joe Biden, SEMI and 16 organizations representing industries including automotive, medical and technology urged the current administration to bolster domestic semiconductor manufacturing and research.    The letter calls for funding the initiatives authorized in the CHIPS for America Act and the enactment of a federal investment tax credit (ITC) for semiconductor manufacturing facilities and equipment that would quickly provide a significant, direct and transpar...

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