National Semiconductor Manufacturing Bill co-sponsored by Blackburn, Portman

Amid the global semiconductor technology shortage that has caused major disruption for a wide range of American industries, including Tennessee manufacturers, American senses Marsha Blackburn (R-TN) and Rob Portman (R- OH) introduced a bipartisan bill that would strengthen US semiconductor production and supply chains.

On December 7, Senators co-sponsored the Investing in Domestic Semiconductor Manufacturing Act, S. 3331, with the bill’s sponsor, U.S. Senator Gary Peters (D-MI) to amend the William M. (Mac) Thornberry National Defense Authorization Act for fiscal 2021 to improve the US Department of Commerce’s semiconductor incentive program.

“The recent global chip shortage has put US supply chains for medical equipment, computers and cars on hold,” said Senator Blackburn. “The Domestic Semiconductor Manufacturing Investment Law will make existing resources available to semiconductor equipment producers. “

Such work is essential, she said, “to reduce dependence on companies controlled by the Communist Party of China, restore global supply chains and directly benefit manufacturers in Oak Ridge and Nashville, Tenn “.

If enacted, S. 3331 seeks to ensure that federal incentives to stimulate domestic semiconductor manufacturing include U.S. suppliers who produce the materials and manufacturing equipment that enable semiconductor manufacturing, bolstering its round the supply chain of semiconductors and manufacturers, according to a summary of the bill provided. by the staff of Senator Blackburn.

“The current semiconductor shortage is having far-reaching adverse effects on our economy and national security,” said Senator Portman. “The CHIPS Act is helping to tackle this crisis by giving a boost to our national supply chain.

“To have a truly resilient domestic semiconductor industry, we also need to support upstream manufacturers,” he said.

Ajit Manocha, CEO of SEMI, approved the bill. “By ensuring that the Ministry of Commerce has the flexibility to provide incentives for the production of semiconductor equipment and materials, this legislation will strengthen the entire semiconductor supply chain, help mitigate semiconductor shortages affecting countless key industries and alleviating them in the future, ”he said. noted.

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