Bipartisan Bill Aims to Boost US Chip Production

A Senate bill is intended to increase U.S. chip production and supply chains. Introduced by Marsha Blackburn, R-Tenn.; Gary Peters, D-Mich.; Rob Portman, R-Ohio; and Mark Kelly, D-Ariz., the Investing in Domestic Semiconductor Manufacturing Act would ensure federal incentives to “boost domestic semiconductor manufacturing include U.S. suppliers that produce the materials and manufacturing equipment that enable semiconductor manufacturing,” they said. The legislation is related to the Creating Helpful Incentives to Produce Semiconductors for America Act. It would “clarify eligibility for the semiconductor Financial Assistance Program at the Department of Commerce,” said Portman, “ensuring that semiconductor equipment and materials manufacturers have a seat at the table.”