The Chemical Connection: Surface Finishes for PCBs
It’s Only Common Sense: 7 Tips to Focus on What Works
The Marketing Minute: Go Big or Go Home—Long-form Content Is Your Brand’s Best Friend
SIA Applauds House Introduction of Legislation to Establish Investment Tax Credit for Semiconductor Design
July 31, 2024 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending the introduction in the U.S. House of Representatives of bipartisan legislation that would expand the CHIPS and Science Act’s 25% investment tax credit to include investments in semiconductor design, the critical and high-value-add mapping of a chip’s intricate circuitry. The Semiconductor Technology Advancement and Research (STAR) Act was introduced today by Reps. Blake Moore (R-UT), Michael McCaul (R-TX), Doris Matsui (D-CA.), Suzan DelBene (D-WA), John Moolenaar (R-MI), Raja Krishnamoorthi (D-IL), Ro Khanna (D-CA), Joe Morelle (D-NY), and Claudia Tenney (R-NY).
“For America to lead the world in semiconductor innovation, it must continue to lead in chip design. The STAR Act will help promote this critical part of the semiconductor ecosystem and strengthen America’s economy, national security, and technology leadership. We applaud Reps. Moore, McCaul, Matsui, DelBene, Moolenaar, Khanna, Morelle, and Tenney for introducing this much-needed legislation and urge Congress to approve it.”
The United States has long been the leader in semiconductor design, which has enabled the U.S. to foster key innovations across the digital economy in areas such as artificial intelligence, 5G communications, robotics, healthcare, and autonomous vehicles. The U.S. has built-in advantages in chip design, including being home to the world’s best universities and a highly skilled workforce. Global competition in chip design is increasing, however, as other countries actively support the development of their own design sectors.
Global competitors are investing in chip design, while the U.S. lacks direct incentives for semiconductor design, thereby placing U.S. leadership at risk. A November 2022 report by SIA and the Boston Consulting Group found incentives for semiconductor design and R&D would help maintain long-term U.S. chip design leadership. Such an investment would fortify the U.S. design ecosystem, support training and employment for more than 150,000 jobs across the economy, and help the U.S. win the global competition for key semiconductor-dependent innovations of the future, according to the report.
Share on:
Suggested Items
Molex Releases New Report on Strategies for Advancing Rugged, Reliable Connectivity in Modern Aerospace and Defense Applications
04/01/2025 | MolexMolex, a global electronics leader and connectivity innovator, has released a new report from AirBorn, a Molex company, which explores the unrelenting demands for constant, continuous connectivity to support the rigors of modern aerospace, defense and space-industry applications.
Electronic Design Automation Market to Reach $17.47 Billion by 2030, Growing at a CAGR of 10.7%
03/31/2025 | PRNewswireThe growth of the EDA market is driven by the increasing complexity of integrated circuit (IC) designs, rising adoption of connected devices, and growing demand for EDA solutions in the aerospace and defense sectors. Additionally, the increasing integration of AI and machine learning in chip design is further boosting market expansion.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
03/28/2025 | Andy Shaughnessy, I-Connect007I’ve spent my week recovering from a busy and interesting week in Anaheim for the 25th IPC APEX EXPO. I think back to my first APEX EXPO, and the changes since then are too numerous to count. I first attended in 2004, also in Anaheim, back when there was almost no design content in the conference or expo portions of the show. It was just a few years after the downturn, and attendees and exhibitors alike were skittish, almost afraid to show confidence in our industry. A few unemployed design friends handed out copies of their resumes. Travel budgets were still down, and the aisles weren’t exactly packed with traffic.
It’s Only Common Sense: 7 Tips to Focus on What Works
03/31/2025 | Dan Beaulieu -- Column: It's Only Common SenseIn business, there’s always the temptation to be all things to all people, whether it’s expanding product lines, chasing every lead, or trying to keep up with competitors. The fear of missing out can lead to spreading our time, resources, and energy too thin. However, success doesn’t come from doing everything; it comes from doing the right things well.
HARTING 3D-Circuits Leads 3D-MID Innovation: Transforming Consumer Electronics with Advanced Technology
03/27/2025 | PRNewswireThe consumer electronics industry is experiencing a remarkable transformation, propelled by rapid technological advancements and an increasing demand for compact, efficient, and multifunctional devices. Central to this evolution is 3D-MID (Three-Dimensional Mechatronic Integrated Devices) technology, which redefines design standards and drives innovation.