The Information Technology Industry Council (ITI) emphasized the importance of maintaining global competition and leadership in semiconductor research and manufacturing as the U.S. implements the U.S. CHIPS and Science Act, according to an ITI press release.
In separate comments to the U.S. Treasury, the global tech trade association gave recommendations that would encourage participation in the CHIPS program and avoid duplicative and conflicting guidance while supporting the United States' objectives regarding national security.
“The CHIPS Act will strengthen the United States’ innovation ecosystem, improve its national security capabilities and help the country maintain a competitive edge,” ITI President and CEO Jason Oxman said in a press release Tuesday. “Furthermore, investments in the domestic semiconductor ecosystem will create jobs, boost manufacturing and grow businesses around the country."
While applauding this step for the nation, Oxman took the opportunity to cite actions that could promote the measure's success.
"To ensure its successful implementation and maximize participation in the CHIPS program, the administration must work with industry to support international collaboration, including research and standards-setting, while advancing important national security goals," he said.
ITI describes itself on its official website as a leading global advocate for technology, which works to advance competition and innovation worldwide through public policies and industry standards.
As reported by the U.S. Department of Commerce (DOC) in February, the Biden-Harris administration through DOC's National Institute of Standards and Technology officially launched the CHIPS for America funding program to bolster American leadership in semiconductor manufacturing, support well-paying jobs across the semiconductor supply chain and strengthen U.S. economic and national security.
The CHIPS and Science Act, according to DOC, has earmarked $50 billion to revitalize the American semiconductor industry, featuring $39 billion in semiconductor incentives. The funding will be used to support projects to develop or upgrade facilities for advanced semiconductor production, including water fabrication and packaging. Extra funding opportunities for semiconductor materials, equipment, and research and development facilities are expected to be announced at a later date.
ITI's recent statements to the DOC stress the importance of implementing a rule for national security guidelines that aligns with the CHIPS Act's objectives and fosters engagement in the global semiconductor ecosystem, which is a crucial aspect of the U.S.' competitiveness. ITI also suggests adopting special provisions or waivers to safeguard the current relationships, overseas employees, and research and standards body involvement of those who are receiving funding.
To maximize the reach of this effort, ITI suggested to the U.S. Department of Treasury that it simplify the processes involved in reviewing and enforcing the rules related to the CHIPS Act and the advanced manufacturing investment credit. ITI said this would motivate more national production of semiconductors and their manufacturing equipment. Its further recommendations include dealing with legacy semiconductors, expanding the definition of advanced packing and minimizing the administrative and compliance burden.
