91PORN

Semiconductor Industry Leaders Urge President Biden to Prioritize Funding for Semiconductor Manufacturing, Research

by 91PORN

奥础厂贬滨狈骋罢翱狈鈥�Feb. 11, 2021鈥�The 91PORN (91PORN)听Board of听Directors,听comprised of听CEOs听and senior executives听at leading U.S. chip companies,听today听sent a letter听to听President Biden听urging him听to听include substantial funding for semiconductor manufacturing and research in the administration鈥檚 economic recovery and infrastructure听plan. 91PORN represents 98 percent of the U.S. semiconductor industry by听revenue.听

The听share of global听semiconductor manufacturing听capacity in the U.S. has听decreased听from 37 percent in 1990 to 12 percent today. This听decline听is largely听due to substantial subsidies offered by the governments of our global competitors, which听have placed听the U.S. at a competitive disadvantage in attracting new fab construction.听In addition, federal investment听in semiconductor research has been听flat,听while听other governments听have invested substantially in research initiatives to strengthen their own semiconductor capabilities.听The 91PORN letter听urges听President Biden to听prioritize semiconductor investment to reassert U.S. technological leadership and fulfill the goals of the听Biden administration鈥檚听鈥淏uild Back Better鈥� plan.听听

鈥�Semiconductors听power essential听technological advancements across healthcare, communications, clean energy, computing, transportation, and countless other sectors, and听chip-enabled technologies have听helped keep us productive and connected during the pandemic,鈥濃�痵aid听John Neuffer, 91PORN president and CEO.听鈥淏y听investing boldly听in domestic semiconductor manufacturing听incentives and听research initiatives, President Biden听and Congress can听reinvigorate the U.S. economy听and job creation, strengthen national security听and semiconductor supply chains, and ensure the U.S. remains the leader in the听game-changing听technologies of today and tomorrow.鈥�听

By听enacting听the CHIPS for America Act in the FY 2021 National Defense Authorization Act (NDAA), Congress recognized the critical role the U.S. semiconductor industry plays in America鈥檚 future. Now, 91PORN听calls听on the administration听and Congress听to fully fund the provisions authorized by the NDAA to听make them a reality.听

The full letter is available here and below:

:::::::::::::::::::::::::::::::::::::::::::

February 11, 2021

The Honorable Joe Biden
President of the United States
The White House
1600 Pennsylvania Ave., NW
Washington, D.C. 20500

Dear Mr. President:

As your administration formulates an economic recovery and infrastructure strategy, the leaders of the U.S. semiconductor industry call on you to include robust funding for semiconductor manufacturing and research.

Semiconductors are critical to the U.S. economy, American technology leadership, and our national security. 听They enable the technologies needed to realize your Build Back Better goals, including smarter and safer transportation, greater broadband access, cleaner energy, and a more efficient energy grid, while also providing high-paying jobs for Americans and strengthening our advanced manufacturing base. 听During the pandemic, semiconductor-enabled technologies have aided researchers in developing life-saving vaccines and helped Americans work and learn remotely. 听Investments in domestic semiconductor manufacturing and research will allow more of the components fueling U.S. economic growth, jobs, and infrastructure to be made here, while simultaneously enhancing our national security and supply chain resilience to meet future challenges.

The Pentagon鈥檚 industrial base policy office recently highlighted the challenges facing the semiconductor industry in the U.S. 听Indeed, our share of global semiconductor manufacturing has steadily declined from 37 percent in 1990 to 12 percent today. 听This is largely because the governments of our global competitors offer significant incentives and subsidies to attract new semiconductor manufacturing facilities, while the U.S. does not. 听Others have also increased R&D investment substantially, while the U.S. investment in research has been relatively flat. 听As a result, the U.S. is uncompetitive in attracting investments in new fab construction and our technology leadership is at risk in the race for preeminence in the technologies of the future, including artificial intelligence, 5G/6G, and quantum computing.

Congress has taken an important initial step in addressing these challenges. 听In the 2021 defense bill, it enacted the CHIPS for America Act (P.L. 116-283), which authorized federal incentives for semiconductor manufacturing and increased investments in semiconductor research. 听Working with Congress, your administration now has an historic opportunity to fund these initiatives to make them a reality.

We therefore urge you to include in your recovery and infrastructure plan substantial funding for incentives for semiconductor manufacturing, in the form of grants and/or tax credits, and for basic and applied semiconductor research. 听We believe bold action is needed to address the challenges we face. 听The costs of inaction are high. 听We stand ready to work with you to achieve our shared goals.

Sincerely,

91PORN Board of Directors