MILPITAS, Calif. — May 10, 2024 — SEMI, the industry association serving the global electronics design and manufacturing supply chain, today announced that the SEMI North America Advisory Board has presented the annual SEMI Americas Government Leadership Award to U.S. Senate Majority Leader Charles (Chuck) Schumer in recognition of his extraordinary support of the U.S. semiconductor industry. SEMI Americas President Joe Stockunas and TEL Vice President Ben Rathsack presented Senator Schumer with the award this week at the U.S. Capitol Building.

The SEMI North America Advisory Board selects SEMI Americas Government Leadership Award honorees based on their impact on policies and incentives to bolster semiconductor design and manufacturing in the Americas region and advance the growth of the global industry.

"Senator Schumer is the embodiment of a semiconductor industry champion,” Stockunas said. “His visionary leadership was instrumental in the passage of the CHIPS and Science Act, paving the way for the creation of thousands of jobs and the infusion of billions of dollars into the U.S. chip ecosystem to help strengthen the resilience of the global semiconductor supply chain. The funding awards include recent grants for GlobalFoundries and Micron facilities in New York that will support research and development at the Albany NanoTech Complex critical to national security.”

“Senator Schumer’s steadfast support, from the drafting of the CHIPS Act to its implementation, continues to bring tangible benefits to communities, businesses and the U.S. as a whole, contributing to its national and economic security,” Stockunas said. “We commend
Senator Schumer for his outstanding contributions and tireless efforts to help ensure the semiconductor industry reaches its full potential."

The North America Advisory Board provides guidance on SEMI Americas programs designed to advance their business interests and address significant challenges in the electronics manufacturing and design supply chain. The Board’s mission is to strengthen the financial, market, and technology performance of SEMI member companies operating in North America.

Visit SEMI Global Advocacy to learn more about public policy efforts and developments.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
 

Association Contact

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Recognizes U.S. Senator Majority Leader Charles Schumer With Government Leadership Award for Outstanding Support of U.S. Chip Industry

MILPITAS, Calif. — May 8, 2024 — SEMI today released the report A Rising Tide: Building a Climate-Resilient Semiconductor Value Chain that spotlights the maturity of the semiconductor value chain as it strives toward greater climate resilience and develops climate risk mitigation strategies. Led by the SEMI Sustainability Initiative Environmental Risk Mitigation and Reporting (ERMR) working group, the study identifies strengths, gaps and challenges faced by the industry in implementing recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). The report also offers recommendations on industry best practices to enhance climate disclosure maturity. Download the report.

The report leveraged Nasdaq Sustainable Lens™, an AI-powered ESG intelligence platform, to analyze and assess the maturity level of each segment of the semiconductor value chain based on publicly available sustainability and climate information of 100 leading semiconductor companies against TCFD recommendations. Nasdaq Sustainable Lens™ reviewed over 2,200 corporate annual financial reports, sustainability reports, low-carbon transition and climate action plans and other sustainability and climate information released between 2021 and 2023. The platform uncovered five key takeaways:

1. Maturity of semiconductor industry-level climate disclosures are in the Established phase as defined by Nasdaq. The semiconductor companies included in the assessment showed 40% higher TCFD alignment than the market average, represented by over 9,000 global companies across all industries beyond semiconductors.
2. Corporate climate reporting varies by semiconductor value chain segment largely due to different stakeholder expectations, jurisdiction-level reporting requirements, the level of resources dedicated to corporate climate work, as well as board- and executive-level engagement in climate initiatives.
3. Companies prioritize near-term climate targets, though only some have set long-term net zero goals. On average, value chain segments demonstrated the most comprehensive TCFD alignment with the Metrics & Targets pillar, particularly as it relates to near-term greenhouse gas (GHG) emissions reduction targets.
4. Addressing organizational resilience to climate change appears to be the biggest industry-level challenge. The most underreported categories included climate scenario analysis, quantitative physical and transition climate risk assessments, and setting an internal carbon price. This indicates that the core question of how a company’s business strategy will perform under various climate scenarios remains a major gap across all semiconductor value chain segments.
5. Ensuring climate resilience of the value chain is a business imperative for semiconductor companies. Industry-level recognition of the vulnerability of the semiconductor value chain to existing and potential climate-related risks and proactively building a path towards climate resilience are crucial for long-term business continuity.

“Our study aims to raise awareness of climate risk as a key business risk and demonstrate an important role that climate resilience plays in ensuring business continuity and long-term resilience of the semiconductor value chain,” said Alua Suleimenova, Senior Sustainability Program Manager at Marvell and leader of the ERMR working group. “This analysis will inform business leaders’ decisions around measuring and reporting on corporate climate action. Further, this study can help SEMI members enhance transparency of their climate disclosures in alignment with emerging reporting requirements, including the TCFD recommendations, which are now housed within the International Sustainability Standards Board (ISSB).”

“The analysis made possible by Nasdaq Sustainable Lens™ is a key step forward in understanding and improving sustainability risk assessment and reporting across the semiconductor value chain,” said Dr. Mousumi Bhat, Vice President of Global Sustainability Programs at SEMI. “Marvell’s leadership and the companies that provided case studies were crucial to delivering these important insights.”

Webinar on Report

SEMI and Nasdaq will host a webinar titled Climate Risk as a Business Risk on May 23, 2024, at 9:00am PT that will highlight key takeaways from the A Rising Tide: Building a Climate-Resilient Semiconductor Value Chain report. Registration is open.

About the SEMI Sustainability Initiative

The SEMI Sustainability Initiative works to accelerate the development of climate solutions for the semiconductor value chain through collaboration, communications, alignment and guidelines development. The Initiative consists of Working Groups collaborating on topics such as materiality, risk mitigation and reporting, climate equity, social justice, carbon markets and circularity. It also includes the Semiconductor Climate Consortium (SCC), whose members collaborate to help their organizations set and pursue net zero goals to reduce greenhouse gas emissions.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Releases Report on Maturity of Semiconductor Sector Corporate Climate Disclosures

MILPITAS, Calif. — May 6, 2024 — Global semiconductor materials market revenue in 2023 contracted 8.2% to $66.7 billion from the market record of $72.7 billion set in 2022, SEMI, the global industry association representing the electronics manufacturing and design supply chain, reported today in its Materials Market Data Subscription (MMDS).

Wafer fabrication materials revenue declined 7.0% to $41.5 billion in 2023, while packaging materials revenue fell 10.1% to $25.2 billion last year. The silicon, photoresist ancillaries, wet chemicals, and chemical mechanical planarization (CMP) segments logged the biggest contractions in the wafer fabrication materials market. The organic substrates segment accounted for much of the packaging materials market contraction.

Demand for semiconductors softened in 2023 as the industry worked to reduce excess inventory, leading to lower fab utilization rates and, consequently, a drop in materials consumption.

Taiwan, at $19.2 billion in revenue, was the world's largest consumer of semiconductor materials for the 14th consecutive year. China, at $13.1 billion in revenue, continued to register year-over-year growth, ranking second in 2023, while Korea remained the third largest consumer with $10.6 billion in revenue. All regions except China posted high single- or double-digit declines in 2023.

Note: Summed subtotals may not equal the total due to rounding.
Rest of the World includes Singapore, Malaysia, the Philippines, other areas of Southeast Asia, and smaller global markets.

The Materials Market Data Subscription from SEMI provides annual revenue with 10 years of historical data and a two-year forecast. The annual subscription includes quarterly updates for the materials segment and reports revenue for seven market regions (North America, Europe, Japan, Taiwan, South Korea, China and Rest of World). The report also features detailed historical data for silicon shipments and revenues for photoresist, photoresist ancillaries, process gases and lead frames.

For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at [email protected]. More details are also available on the SEMI Market Data webpage.

Download a sample of the MMDS report.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about 2023 Global Semiconductor Materials Market Revenue Declines From 2022 Record High, SEMI Reports

MILPITAS, Calif. — May 1, 2024 — Worldwide silicon wafer shipments decreased 5.4% quarter-over-quarter to 2,834 million square inches in the first quarter of 2024, a 13.2% drop from the 3,265 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry.

“The continuing decline in IC fab utilization and inventory adjustment led to negative growth across all wafer sizes in Q1 2024, with polished wafer shipments falling slightly more year-over-year than EPI wafer shipments,” said Lee Chungwei (李崇偉), Chairman of SEMI SMG and Vice President and Chief Auditor at GlobalWafers. “Notably, utilization by some fabs bottomed out in Q4 2023 as growing AI adoption fueled rising demand for advanced node logic products and memory for data centers.”
 

Silicon Area Shipment Trends – Semiconductor Applications Only

Silicon wafers are the fundamental building material for the majority of semiconductors, which are vital components of all electronic devices. The highly engineered thin disks are produced in diameters of up to 12 inches and serve as the substrate material on which most semiconductors are fabricated.

The SMG is a sub-committee of the SEMI Electronic Materials Group (EMG) and is open to SEMI members involved in manufacturing polycrystalline silicon, monocrystalline silicon or silicon wafers (e.g., as cut, polished, epi). The SMG facilitates collective efforts on issues related to the silicon industry including the development of market information and statistics about the silicon industry and the semiconductor market.

For more information, visit SEMI Worldwide Silicon Wafer Shipment Statistics.

About SEMI

SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about Worldwide Silicon Wafer Shipments Dip 5% in Q1 2024, SEMI Reports

SEOUL, South Korea — April 25, 2024 — With Korea a major consumer of semiconductor materials and advanced materials a key driver of innovation on the industry’s path to $1 trillion, industry leaders and experts will gather at SMC (Strategic Materials Conference) Korea 2024 on May 29 at the Suwon Convention Center in Gyeonggi-do, South Korea to provide insights into the latest materials developments and trends. Registration is open.

Themed Materials Resilience: Navigating Challenges, Embracing Opportunities, SMC Korea 2024 will feature 14 global visionaries presenting on advanced materials, technology trends, sustainability and market forecasts to approximately 400 semiconductor industry professionals.

SMC Korea 2024 Keynote

Seong Tae Oh, Fellow TEL Process Technologies for Continuous Scaling of Logic Devices

SMC Korea 2024 will also feature the following sessions:

• Market Trends – Experts from Korea Institute for International Economic Policy (KIEP), Linx Consulting and Yole Group will present the industry outlook and discuss semiconductor materials supply chain challenges.
• Advanced Materials – Visionaries from Entegris, Lam Research and Resonac Corporation will explore materials technology trends in wafer processes and packaging.
• Sustainability – Experts from Corbion, DuPont, Korea Research Institute of Chemical Technology (KRICT), SK hynix and Syensqo will share sustainability best practices and a technology roadmap for PFAS and carbon reduction.
• Collaboration – Leaders of top domestic chipmakers Samsung Electronics and SK hynix will discuss collaborations essential to driving innovation and solutions to industry challenges.

An SMC Korea 2024 pre-registration discount is available until May 22.

SMC Korea 2024 Sponsors

About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Jaegwan Shim/SEMI Korea
Phone: 82+2.531.7804
Email: [email protected]

Michael Hall/SEMI US
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SMC Korea 2024 to Highlight Semiconductor Materials Trends and Innovations on Industry’s Path to $1 Trillion

MILPITAS, Calif. ─ April 16, 2024 ─ SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips. The award includes $6.4 billion in grants and an investment tax credit to help fund two new leading-edge logic fabs, a research and development fab, and an advanced packaging facility in Taylor, Texas. Samsung Electronics will also use the funding to expand its Austin fabs.

“SEMI applauds the U.S. Department of Commerce for this latest step to enhance the resilience of the domestic semiconductor supply chain and supply of advanced chips,” said Joe Stockunas, President of SEMI Americas. “The CHIPS and Science Act investment will enable Samsung Electronics to grow its manufacturing footprint in Texas while supporting the buildout of an ecosystem with advanced packaging and R&D capabilities.”

“With Samsung expected to invest more than $40 billion in the region in the coming years, this proposed CHIPS investment would strengthen the standing of Central Texas as a leading-edge semiconductor ecosystem, creating more than 4,500 good-paying manufacturing jobs and 17,000 construction jobs,” Stockunas said.

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Samer Bahou/SEMI US
Phone: 1.408.943.7870
Email: [email protected]

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Applauds U.S. CHIPS Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain

SEMI Talent Forum Connects Students, Young Professionals with Semiconductor Companies to Help Build Talent Pipeline

SWANSEA, United Kingdom – April 10, 2024 – Post-graduates and onboarding talent will connect with local companies to explore semiconductor industry career paths and employment opportunities at the SEMI Talent Forum, May 1, 2024 at the University of Swansea. Sponsored by SEMI, the event will also highlight how technology is reshaping the global workforce. Participation is free of charge for students. Registration is open.

Sponsored by organizations including Catapult, Comet Group, CS Connected, Edwards, KLA, Oxford Instruments, Swansea University, and the Welsh Government, the event will be held at the Great Hall on Swansea University Bay Campus, Fabian Way, Crymlyn Burrows, Swansea SA1 8EN, UK.

The SEMI Talent Forum 2024 is an ideal venue for semiconductor companies to promote their workforce development, diversity and inclusion initiatives to the next generation of industry talent. The forum targets young talent as the semiconductor industry presses ahead to build the workforce critical to innovations in cutting-edge technologies that are transforming how we work and live, including a focus on environmental sustainability. Representatives from Swansea University and the Welsh government will kick off the event.

SEMI Talent Forum Key Topics

• Technologies Addressing Global Challenges
• Microelectronics Enabling Transformative Technologies
• Microelectronics Empowering a Sustainable Future
• Panel Discussion: Exciting Career Opportunities in Microelectronics
• Technology, Diversity and Inclusion

Other Event Highlights

• Tech Demos – Interactive demonstrations of technologies such as virtual reality and augmented reality.
• Career Café – Students and post-graduates will meet with industry leaders to learn about their companies’ work and culture.
• SEMI University – Young talent will learn about SEMI University courses and receive free giveaways at the SEMI stand.
• Student Pitches – Local students will pitch their research on stage.
• Student Poster Exhibition – Local students will showcase their research.
• Networking Reception – Students and industry experts will meet to explore semiconductor industry career paths.

For more details, please visit the SEMI Talent Forum 2024 website and connect with SEMI Europe on X or LinkedIn @SEMIEurope (#talentforum #digitalfuture)

About SEMI

SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Serena Brischetto/SEMI Europe
Phone: +49 30 3030 8077-11
Email: [email protected]

Michael Hall/SEMI US
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Talent Forum 2024 to Help Build Next-Generation Chip Industry Workforce

MILPITAS, Calif. ─ April 8, 2024 ─ SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the construction of Taiwan Semiconductor Manufacturing Company (TSMC) chip manufacturing facilities in Arizona. The award includes $6.6 billion grants, as much as $5 billion in loans and an investment tax credit.

“We applaud the U.S. Department of Commerce for taking this significant step to enhance the resilience of the domestic semiconductor supply chain,” said Joe Stockunas, President of SEMI Americas. “This CHIPS and Science Act award is a key stride towards a 2-nanometer process, positioning the United States to produce the most advanced semiconductor chips at scale in order to advance global supply chain stability and help meet worldwide chip demand across various markets.”

“This grant increases TSMC's total investment in Arizona to $65 billion and is expected to create 6,000 direct jobs, 20,000 construction jobs and thousands of supporting ecosystem jobs, further demonstrating the positive economic impact and job creation potential of such advancements in semiconductor manufacturing,” Stockunas said.“Government investments like the CHIPS and Science Act grant for TSMC play a crucial role in semiconductor manufacturing and are of immense importance to economies globally.”

The recently announced SEMI 300mm Fab Outlook to 2027 report projects the Americas region will double 300mm fab equipment investments from US$12 billion in 2024 to US$24.7 billion in 2027, significantly narrowing the gap with the top three spending regions, which are projected to invest between US$26.3 billion and US$30 billion in chipmaking equipment in 2027.

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Samer Bahou/SEMI US
Phone: 1.408.943.7870
Email: [email protected]

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Applauds U.S. CHIPS Act Award for TSMC Manufacturing Facilities to Strengthen Domestic Semiconductor Supply Chain

MILPITAS, Calif. – April 10, 2024 – Worldwide sales of semiconductor manufacturing equipment edged down 1.3% to $106.3 billion in 2023 from an all-time record of $107.6 billion in 2022, SEMI, the industry association representing the global electronics design and manufacturing supply chain, reported today. The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.

China, Korea and Taiwan – the top three regions in chip equipment spending in 2023 – accounted for 72% of the global equipment market, with China remaining the largest semiconductor equipment market. The pace of investments in China accelerated 29% year-over-year, reaching $36.6 billion in billings last year. Equipment spending in Korea, the second-largest equipment market, fell 7% to $19.9 billion on softer demand and the memory market inventory correction. After posting four straight years of growth, equipment sales to Taiwan also contracted 27% to $19.6 billion.

Annual semiconductor equipment investments in North America rose 15%, largely on the strength of CHIPS and Science Act investments, while Europe logged a 3% increase. Sales to Japan and the Rest of World decreased 5% and 39% year-over-year, respectively.

“Despite a slight dip in global equipment sales, the semiconductor industry continues to show strength, with strategic investments fueling growths in key regions,” said Ajit Manocha, SEMI President and CEO. “The overall results for the year were better than anticipated by most industry followers.”

Global sales of wafer processing equipment rose 1% in 2023, while other front-end segment billings grew 10%. After contracting in 2022, assembly and packaging equipment sales extended their decline, decreasing 30% in 2023, while total test equipment billings contracted 17% year-over-year.

Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS report is a summary of the monthly billings figures for the global semiconductor equipment industry. 

Annual Billings by Region in Billions of U.S. Dollars with Year-Over-Year Change Rates 

The SEMI Equipment Market Data Subscription (EMDS) provides comprehensive market data for the global semiconductor equipment market. The subscription includes three reports:

• Monthly SEMI Billings Report, a perspective on equipment market trends
• Monthly Worldwide Semiconductor Equipment Market Statistics (WWSEMS), a detailed report of semiconductor equipment billings for seven regions and 24 market segments
• SEMI Semiconductor Equipment Forecast, an outlook for the semiconductor equipment market

Download a sample of the EMDS report.

For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at [email protected]. More details are also available on the SEMI Market Data webpage.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact
Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about Global Semiconductor Equipment Billings Slip to $106.3 Billion in 2023, SEMI Reports

MILPITAS, Calif. ─ April 11, 2024 ─ SEMI, the industry association serving the global electronics design and manufacturing supply chain, today issued the following statement from Ajit Manocha, SEMI President and CEO, after the United States government announced it will no longer move forward with the Notice of Funding Opportunity for CHIPS funding for the construction, modernization, or expansion of semiconductor research and development (R&D) facilities in the United States:

“We recognize that the Department of Commerce was faced with a difficult decision to change course regarding the issuance of a third Notice of Funding Opportunity related to R&D under the CHIPS and Science Act due to recent legislative actions directing the department to make a $3.5 billion investment in secure enclave. While we acknowledge the importance of the underlying objectives guiding recent decisions, we are concerned about their impact on longstanding plans for implementing the CHIPS Act, which was shaped by extensive stakeholder input and industry analysis.”

“Strong investment and support for R&D is essential to advance foundational technologies across the semiconductor supply chain and enhance the overall competitiveness of the U.S. semiconductor industry. Private R&D is the cornerstone of the semiconductor industry, propelling the next generation of innovation. SEMI urges Congress to work alongside the Department of Commerce to fulfill the intent of the CHIPS and Science Act of 2022 to fund private R&D activities under the legislation. Key investments to spur and scale private R&D projects must be paired with support for the National Semiconductor Technology Center (NSTC) to meet the objectives of CHIPS and Science Act and secure the United States’ technological leadership. SEMI stands ready to work with the Department of Commerce and Congress to ensure robust funding for private R&D projects.”

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

About SEMI
SEMI^® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON^® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts

Samer Bahou/SEMI US
Phone: 1.408.943.7870
Email: [email protected]

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: [email protected]

• Read more about SEMI Issues Statement on Change to U.S. CHIPS Act Notice of Funding Opportunity