Tuesday, January 14, 2025, 5:00 a.m.
WASHINGTON—January 14, 2025—The Semiconductor Industry Association (SIA) today released a policy agenda specifying policy priorities for the U.S. semiconductor industry and proposing areas for cooperation with the Trump-Vance administration and the 119th Congress.
Titled “Winning the Chip Race,” this policy agenda is a set of actionable policy goals that will lead the U.S. semiconductor industry to success and ensure U.S. economic strength, national security, technological leadership, and global competitiveness. government leaders.
“To become the world’s economic, technological and security leader, the United States must lead the world in semiconductors,” said John Neufer, president and CEO of SIA. Ta. “It is essential that we put in place more government policies that help us run faster at home and abroad and compete and win with the game-changing technologies of the future. We welcome the opportunity to partner with the new administration and Congress to strengthen America’s semiconductor resurgence and confront the great challenges of our time.”
“Winning the Chip Race” sets out several key policy priorities.
Semiconductor Manufacturing Incentives and Research and Development Investment: Promote incentives for U.S. chip manufacturing and investment in U.S. innovation. Taxes: Enables the U.S. to maintain a competitive tax regime for investments in semiconductor research, design, and manufacturing. Research: Support existing research and development initiatives and expand federal investment in semiconductor research and basic research across the physical sciences to enable U.S. technological leadership and win the technologies of the future. Workforce and immigration: Expand your talent pipeline by developing, attracting, and retaining a highly skilled workforce. Economic Security – Trade and Supply Chain Resilience: Restore U.S. trade leadership, build a strong global chip supply chain, and facilitate access to new growth markets. National Security – Export Controls and Technology Restrictions: Ensures that policies are carefully calibrated, targeted, effective, and do not undermine the interests they are designed to protect. China: Beat the competition, beat the innovation, beat the flanks to win America’s semiconductor future. Environmental and Energy Regulation: Streamline regulatory and permitting requirements to foster innovation and industry growth, protect workers and the environment, and support America’s energy power at home and around the world.
Semiconductors are the brains of modern electronics, powering medical devices and healthcare, communications, computing, defense and aerospace, transportation and infrastructure, energy, and future technologies such as artificial intelligence, quantum computing, and advanced wireless networks. enable progress. A globally competitive U.S. semiconductor industry enables the United States to address global challenges, revitalize the economy, strengthen national security, and lead the technology race in the 21st century.
SIA stands ready to work with policymakers to adopt a strong policy agenda to advance U.S. semiconductor leadership.
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media contact
Dan Rosso
Semiconductor Industry Association
240-305-4738
drosso@semiconductors.org About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a critical driver of America’s economic strength, national security, and global competitiveness. SIA accounts for 99% of the U.S. semiconductor industry by revenue and almost two-thirds of non-U.S. semiconductor companies. Through this collaboration, SIA works with Congress, governments, and key industry stakeholders around the world to promote semiconductor manufacturing, promote policies that foster innovation, advance business, and foster global competition. We aim to strengthen design and research leadership. For more information, please visit www.semiconductors.org.
