SEMI supports SEMI Investment Act to boost US semiconductor industry

SEMI has announced its support for the newly introduced Strengthening Essential Manufacturing and Industrial Investment Act (the SEMI Investment Act) in the U.S. House of Representatives. The legislation would extend the Advanced Manufacturing Investment Tax Credit through 2031 and clarify eligibility to include critical materials suppliers—a key step toward strengthening the entire U.S. semiconductor ecosystem. Joe Stockunas, President of SEMI Americas, emphasized: “Ensuring a strong and secure domestic semiconductor ecosystem in the United States requires sustained investment across the entire semiconductor supply chain.” SEMI looks forward to working with Congress and the Administration to support the continued growth, competitiveness, and resilience of the U.S. semiconductor industry. Read more: https://lnkd.in/gCJj4UDv #Semiconductors #Manufacturing #USPolicy #GlobalAdvocacy