Major chip companies from around the world – including Intel, TSMC and Samsung – and the big US businesses that rely on them, have formed a coalition to push for the US government to spend billions of dollars subsidizing US domestic chip manufacturing.
The group is called the Semiconductors in America Coalition and it includes 25 US chip companies from AMD to Xilinx and including Intel, Nvidia, Qualcomm, Globalfoundries and Texas Instruments. The chip users in the group include Apple, Google, Cisco, Hewlett-Packard, Amazon Web Services, Microsoft, Verizon and AT&T.
Intriguingly a number of companies not headquartered in the US are also members of SIAC including: ARM, Kioxia, Infineon, NXP, Samsung, SK Hynix and TSMC. Semiconductor manufacturing equipment and materials members include ASML, Nikon, Tokyo Electron and Soitec.
The SIAC states its mission is to advance federal policies that promote semiconductor manufacturing and research in the U.S. to strengthen America’s economy, national security, and critical infrastructure.
This large and powerful group may be pushing at an open door but they want to make sure that Congress provides as least $50 billion in funding for US domestic semiconductor manufacturing and research. This would be a part of President Biden's $2.3 trillion infrastructure package, which is coming under pressure from Republican politicians.