By Al Thompson, VP of U.S. Government Relations, Intel
We are grateful to see the Senate formally initiate the conference process with the House on competitiveness legislation. For the U.S. to regain leadership within the semiconductor industry and rebalance global chip supply, passing and funding the CHIPS Act program is not an option – it is essential.
At Intel, we are investing $43 billion to build and expand manufacturing operations in three states – Ohio, Arizona and New Mexico. We are bigger than just chips. We have talent needs, we are working to develop a workforce of future innovators, and we care about making our operations more sustainable. Still, we need federal support in domestic semiconductor manufacturing incentives to continue advancing U.S. innovation.
Other nations are moving to pass or implement their versions of the CHIPS Act to make them competitive in the digital economy. As Congress enters conference, we urge members to focus on the provisions that already have bipartisan support so the U.S. can move to gain a competitive advantage. We have everything you need to makes this happen, strong support from industry and labor, strong advocacy from the Biden administration and the bipartisan support from Congress to get this legislation across the finish line quickly.
