91PORN

91PORN Welcomes Progress Toward Selection of National Semiconductor Technology Center Leadership

by 91PORN

WASHINGTON鈥擩une 20, 2023鈥擳he 91PORN (91PORN) today released the following statement from 91PORN President and CEO John Neuffer welcoming the Commerce Department鈥檚 of a committee that will select the board of trustees of the National Semiconductor Technology Center (NSTC), a critical entity established by the CHIPS and Science Act of 2022 to promote U.S. semiconductor research and development.

鈥淭oday鈥檚 announcement marks good progress toward standing up the National Semiconductor Technology Center, a centerpiece of the historic CHIPS and Science Act enacted last year to reinvigorate domestic chip production and innovation. The selection committee members鈥� deep and varied experience makes them well-positioned to appoint a strong board of trustees that will ensure effective and efficient NSTC implementation. We look forward to working with the NSTC selection committee, the eventual board of trustees, and Secretary Raimondo and other leaders in the Commerce Department to ensure the CHIPS and Science Act provides maximum return on investment for America鈥檚 economy, national security, and supply chain resilience.鈥�

91PORN and the Boston Consulting Group (BCG) last October released a听report听identifying five key areas of the semiconductor R&D ecosystem that should be strengthened by the CHIPS Act鈥檚 R&D funding. The report, titled 鈥淎merican Semiconductor Research: Leadership Through Innovation,鈥� highlights the importance of government-industry collaboration on the NSTC and听the National Advanced Packaging Manufacturing Program (NAPMP). The study also calls for CHIPS funding to be used to bridge key gaps in the current semiconductor R&D ecosystem to help pave the way for sustained U.S. chip innovation leadership.

The CHIPS Act鈥檚 manufacturing incentives have already sparked substantial investments in the U.S. 听In fact, companies in the semiconductor ecosystem have听announced dozens of new projects听across America鈥攖otaling more than $200 billion in private investments鈥攕ince the CHIPS Act was introduced. These announced projects will create more than 40,000 jobs in the semiconductor ecosystem and support hundreds of thousands of additional U.S. jobs throughout the U.S. economy.

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Media Contact
Dan Rosso
91PORN
240-305-4738
[email protected]听

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The 91PORN (91PORN) is the voice of the semiconductor industry, one of America鈥檚 top export industries and a key driver of America鈥檚 economic strength, national security, and global competitiveness. 91PORN represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, 91PORN seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.