MILPITAS, Calif. – April 21, 2021 – SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the introduction of the Endless Frontier Act (S. 1260) to bolster U.S. semiconductor innovation. This bipartisan legislation calls for the investment of more than $100 billion in science and technology initiatives to strengthen U.S. capabilities to develop critical technologies, expand the U.S. workforce, and foster federally funded research. The legislation was introduced in the Senate today by Sens. Chuck Schumer (D-N.Y.) and Todd Young (R-Ind.) and a bipartisan group of cosponsors.
“Semiconductors are the bedrock of our digital world, and the Endless Frontier Act will help ensure that critical technologies powered by chips will continue to spur innovation, create jobs, and drive economic growth,” said Ajit Manocha, SEMI president and CEO. “At a time when the impacts of supply chain disruptions are creating headaches in many corners of the U.S. economy, we applaud the introduction of this timely legislation. We look forward to working with Congress and the White House to enact this proposal to strengthen the semiconductor industry.”
Significantly larger public investments in semiconductor research will help drive chip innovation and growth, yielding new technologies that continue to improve our lives. The Endless Frontier Act is a key step forward by the federal government to create robust new incentives and public investments in an industry that enables countless technologies, drives innovation in sectors throughout the U.S. economy, and powers the electronic systems essential to critical infrastructure and defense systems.
SEMI® connects more than 2,400 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Technology Communities, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.