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Industry Group Calls for More US Investment in Chip Design

Started by Epoch-Times-Bot, Dec 05, 2022, 04:45 PM

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Epoch-Times-Bot

Dec 05, 2022, 04:45 PM
Industry Group Calls for More US Investment in Chip Design

The U.S. government enacted a massive bill earlier this year directing more than $52 billion in federal investment into semiconductor research and manufacturing, with the goal of strengthening local supply chains and countering China's rising clout in the important high-tech sector. But an industry group is calling for tens of billions in additional funding, saying more investment is needed to shore up America's flagging dominance of chip design.
In a recent report (pdf), the Washington, D.C.-based Semiconductor Industry Association (SIA) and the Boston Consulting Group argued that federal investment of around $20–30 billion in chip design and research and development (R&D) through 2030 will help the United States maintain its current leadership of the semiconductor design industry. That sum includes $15–20 billion for an investment tax credit focused on chip design....

Source: Industry Group Calls for More US Investment in Chip Design

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Aug 21, 2024, 11:30 AM
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