WASHINGTON – Today, global tech trade association 91¿ì»îÁÖ released the following statement from its President and CEO Jason Oxman reacting to U.S. Secretary of Commerce Gina Raimondo’s speech at Georgetown University on the future of the CHIPS and Science Act:

“A new American age of innovation began with the bipartisan CHIPS and Science Act and continues with the important implementation work to be carried out by the dedicated professionals at the Department of Commerce. Secretary Raimondo showcased the importance of U.S. semiconductor leadership and the priority that the Biden Administration has placed on this essential effort,” said Oxman.

“The U.S. is at a critical juncture where investment in high-tech manufacturing, powered by the global semiconductor industry, is returning to the nation that invented the semiconductor. With the CHIPS and Science Act, we can fuel the global digital economy. We urge leaders at the Commerce Department and supporting agencies to engage meaningfully with the tech industry and other key stakeholders as implementation moves forward.”

Last month, 91¿ì»îÁÖ sent its 2023 Policy Priorities: A Tech Policy Roadmap for U.S. Competitiveness and Growth to Biden administration officials and the 118th Congress to drive U.S. competitiveness across the technology policy landscape. Bolstering U.S. semiconductor manufacturing was included as an area of opportunity for U.S. tech leadership. 91¿ì»îÁÖ also called on the administration and the U.S. Congress to build on the progress made in the past few years to support U.S. technological leadership by swiftly implementing the CHIPS and Science Act.