SIA Applauds Introduction of Endless Frontier Act to Advance U.S. Technology Leadership
WASHINGTON—April 20, 2021—The Semiconductor Industry Association (SIA) today applauded congressional introduction of the Endless Frontier Act (S.1260), bipartisan legislation that seeks to maintain and build on U.S. science and technology leadership – including in semiconductors – by restructuring the National Science Foundation and allocating more than $100 billion to science and technology initiatives. 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. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
“Semiconductors are fundamental to America’s economy, national security, and global competitiveness, and the country that leads in chip technology will have a big leg up in deploying the game-changing technologies of the future,” said John Neuffer, SIA president and CEO. “We applaud introduction of the Endless Frontier Act and thank its sponsors for their bipartisanship and leadership in promoting American innovation and competitiveness, and we look forward to working with the Biden administration and Congress to further this effort by investing boldly in domestic semiconductor manufacturing and research.”
[VIEW FULL STATEMENT ON SIA WEBSITE]