US chip tax credit push
A coalition of semiconductor and technology industry groups has called on US lawmakers to extend and expand a key tax credit supporting domestic chip manufacturing, warning that its expiration could slow ongoing investment across the sector.
The Semiconductor Industry Association, alongside 17 other trade and business organisations, urged Congress to renew the Advanced Manufacturing Investment Credit, which is set to expire at the end of the year.
The groups also called for the incentive to be broadened to include semiconductor design and research and development activities, arguing that this would strengthen the full chip ecosystem.
The coalition said the credit has already helped drive significant investment in US semiconductor manufacturing capacity, contributing to a wave of new fab and supply chain projects across multiple states.
Industry leaders argue that continued incentives are essential to maintain momentum in domestic chip production, improve supply chain resilience, and support long-term competitiveness in advanced technologies including artificial intelligence, communications, and defence systems.
