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SEMI Applauds Senate Support of Financial Incentives to Grow U.S. Semiconductor Manufacturing

U.S. share of global semiconductor manufacturing capacity halved to 12% over the past 20 years, forecast to fall to 10% by 2023, SEMI CEO Ajit Manocha said.

SEMI President and CEO Ajit Manocha voiced his support for amendments the United States House of Representatives and Senate included in the Fiscal Year 2021 National Defense Authorization Act (NDAA) that would authorize important programs to support semiconductor manufacturing and research in the U.S.    “SEMI is very pleased the House and Senate included in the NDAA provisions to support semiconductor manufacturing and research in the United States,” Manocha said. “The U.S. has not kept pac...

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