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Intel, AMD Chiefs Push For Tax Breaks In U S $3 Billion, 3nm Chip Development Plan

Intel, AMD Chiefs Push For Tax Breaks In U.S. $3 Billion, 3nm Chip Development Plan Feb 16, 2021 12:22 EST Representatives of the Semiconductor Industry Association (SIA) were joined by those from big silicon firms in writing a letter to U.S. President Joe Biden urging him to help reduce American dependence on chip imports. Intel s former chief Mr. Robert Swan, AMD s chief Dr. Lisa Su and Qualcomm s Steve Mollenkopf were signatories of the letter, with representatives from NVIDIA Corporation, Broadcomm Inc, IBM also showing their support for the proposal. Semiconductor Industry Executives Request Tax Break Funding In CHIPS For America Initiative The gist of the letter surrounded the industry leaders stressing the need for the new administration to work with Congress for funding chip manufacturing initiatives outlined in the Creating Helpful Incentives to Produce Semiconductors for America or the CHIPS for America subsection of the National Defense Authorization Act (NDAA)

Semiconductor Industry Applauds NDAA Enactment, Urges Full Funding for Semiconductor Manufacturing and Research Provisions

Semiconductor Industry Applauds NDAA Enactment, Urges Full Funding for Semiconductor Manufacturing and Research Provisions News provided by Share this article Share this article WASHINGTON, Jan. 1, 2021 /PRNewswire/ The Semiconductor Industry Association (SIA) today applauded Congress for enacting the National Defense Authorization Act (NDAA), legislation that includes Title XCIX, Creating Helpful Incentives to Produce Semiconductors for America, which authorizes federal incentives to promote semiconductor manufacturing and federal investments in semiconductor research. SIA represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Enactment of the NDAA will help propel U.S. economic growth and cement America s position at the forefront of semiconductor innovation, which is critical to the game-changing technologies of today and the future, said Bob Bruggeworth, President, CEO, and Director of Qorvo and SIA Chair. Th

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