{"id":8451,"date":"2022-08-11T14:16:40","date_gmt":"2022-08-11T13:16:40","guid":{"rendered":"https:\/\/telecomkh.info\/?p=8451"},"modified":"2022-08-11T14:16:40","modified_gmt":"2022-08-11T13:16:40","slug":"semi-applauds-president-bidens-signing-of-chips-and-science-act-of-2022","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=8451","title":{"rendered":"SEMI applauds President Biden\u2019s signing of CHIPS and Science Act of 2022"},"content":{"rendered":"<p><strong>SEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the signing of the CHIPS and Science Act of 2022 by U.S. President Joe Biden. The legislation provides a 25% tax credit for U.S. facilities that produce semiconductors or chipmaking equipment and $52 billion in funding for new semiconductor programs<\/strong><\/p>\n<p>The funding includes $39 billion for grants available to chip manufacturers as well as semiconductor equipment and materials suppliers and $11 billion for federal semiconductor research programs.<br \/>\n\u201cThe CHIPS and Science Act secures landmark investments to bolster semiconductor manufacturing and R&amp;D infrastructure as well as a wide range of ancillary industries in the United States,\u201d said Ajit Manocha, SEMI president and CEO, who attended the signing ceremony. \u201cWe thank President Biden, Secretary Raimondo, the original CHIPS Act sponsors, leadership in Congress and the committees of jurisdiction for their support in enacting the investment tax credit and funding for CHIPS Act programs.\u201d<br \/>\n\u201cSEMI looks forward to continuing collaboration with the U.S. government and our member companies to ensure timely implementation of these programs to strengthen the U.S. semiconductor supply chain,\u201d said Manocha. \u201cThe CHIPS and Science Act funding will also be instrumental in buttressing the National Semiconductor Technology Center (NSTC), National Advanced Packaging Manufacturing Program and related programs in order to drive chip industry innovations that will better the lives of people around the world.\u201d<\/p>\n<p><span style=\"color: #999999;\"><em>Above, Ajit Manocha, SEMI president and CEO \/ Image credited to SEMI<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the signing of the CHIPS and Science Act of 2022 by U.S. President Joe Biden. The legislation provides a 25% tax credit for U.S. facilities that produce semiconductors or chipmaking equipment and $52 billion in funding for new semiconductor programs The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/telecomkh.info\/?p=8451\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> \u00abSEMI applauds President Biden\u2019s signing of CHIPS and Science Act of 2022\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":8452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[40,59],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8451"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8451"}],"version-history":[{"count":1,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8451\/revisions"}],"predecessor-version":[{"id":8453,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/8451\/revisions\/8453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/8452"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}