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SIA report details challenges other opportunities to strengthen Amer-
facing U.S. chip makers ica’s position as a global semiconductor
innovation and workforce leader.
WASHINGTON, D.C. — Following the
historic enactment of the CHIPS and Maintaining leadership
Science Act to reinvigorate domes- The report finds that a federal invest-
tic semiconductor manufacturing and ment in semiconductor design and R&D
research, the Semiconductor Industry of approximately $20 billion to $30 bil-
Association (SIA) and the Boston Con- lion through 2030—including $15 billion to
sulting Group (BCG) released a report $20 billion for an investment tax credit for
finding continued U.S. leadership in semiconductor design—will help maintain
semiconductor design is essential long-term U.S. chip design leadership.
to America’s sustained leadership in Such an investment
semiconductors. would fortify the
U.S. design eco-
The growing challenge system, support
The report, titled “The Growing Challenge training and em-
of Semiconductor Design Leadership,” ployment for more
identifies three key challenges facing the than 150,000 jobs
U.S. chip design sector and highlights across the econo-
my, and help the
U.S. win the global
Draw from Our Tool competition for key
Box of Customized semiconductor-de-
pendent innova-
Solutions ations of the future, according to the re-
port.
Investment tax credit
The CHIPS and Science Act—now codified
in 15 U.S.C. Ch. 72A § 4651-4659—in-
cludes a critical investment tax credit for
semiconductor manufacturing, but not for
design.
The SIA-BCG report also highlights the
importance of promoting STEM workforce
development and ensuring open access to
global markets, among other priorities.
Made in USA
The United States has long been the
leader in semiconductor design, which has
A Dedication to Solving
Design Challenges Since 1982 enabled the U.S. to foster key innovations
Learn about our Customization across the digital economy in areas such
Capabilities by visiting our website as artificial intelligence, 5G communica-
and watching our videos
tions, robotics, digital healthcare, and
800.424.9850 • 401.823.5200 • WWW.ADVANCED.COM
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