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    Home»PR Newswire»Semi applauded a new bill to clarify the eligibility for tax credit for critical semiconductor suppliers under the American law on American chips
    PR Newswire

    Semi applauded a new bill to clarify the eligibility for tax credit for critical semiconductor suppliers under the American law on American chips

    Miley SelenaBy Miley SelenaMay 9, 2025No Comments3 Mins Read
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    Milpitas, California.,, May 10, 2025 / Prnewswire / – SEMIThe association of industry at the service of the global supply chain of semiconductors and electronics, announced today the support of the law of reinforcement of manufacturing and industrial investment (semi investment ACT), which specifies that suppliers of critical materials to semiconductor manufacturers are eligible for CREDIT Advanced Manufacturing Investment Credit (“section 48D” American chips and science act.

    Semi® connects 2,000 member companies and 1.3 million professionals worldwide to advance technology and electronics manufacturing activities. Semi-members are responsible for innovations in materials, design, equipment, software, devices and services that allow smarter, faster, more powerful and more affordable electronic products. Semi establishes connections that help its members to prosper, create new markets and meet the common industry challenges together. Visit http://www.semi.org

    Presented by the Senators Marsha Blackburn (R-Tenn.), Michael Bennet (D-colo.), Thom Tillis (R-NN) and Chris Coons (D-Del.), The semi-investment law would help make semiconductor materials an equal part of America’s investment in advanced semiconductors and to contribute to a secure and secure semiconductor supply chain.

    “The investment tax credit is an essential tool to accelerate the construction of the semiconductor ecosystem in The United States and maybe the most powerful incentive to critical technologies on land fueling the AI ​​revolution, “said Ajit ManochaHalf-president and chief executive officer. “Material manufacturing projects are also essential to ensure that logical products and advanced memory are available for AI soil and high performance IT demand around the world. The United States. We are deeply grateful to the Blackburn, Bennet, Tillis and Coons senators for having advanced this important legislation to clarify the original intention of the congress underlying in article 48D of the Puces and Sciences Act. “”

    The Semi-Investments Act modifies the Internal Internal Code of 1986 to specify that the 48D tax credit includes materials integrated into the manufacture of semiconductors and semiconductor manufacturing equipment. The bill will ensure that the projects of critical materials can access the same 25% investment tax credit as the semiconductor semiconductor manufacturing and manufacturing equipment projects have access today.

    “Semi is eager to work with the Congress and the Trump administration to adopt the semi-investment law,” said Manocha. “The bipartite support for this legislation highlights it as a critical step for the United States in order to strengthen its semiconductor industry, national security and economic competitiveness. In addition, the law would help prevent vital materials from moving abroad and guarantee that American manufacturers carry out the advantages of the law on semiconductor incentives and the sciences. “

    Visit Semi-world’s advocacy To learn more about public policy efforts and developments.

    About semi

    SEMI® The Global Industry Association connecting more than 3,000 member companies and 1.5 million professionals worldwide through the electronics and manufacturing design and manufacturing supply chain. We accelerate the collaboration of members on solutions to the main challenges of industry by advocacy, the development of labor, sustainability, management of the supply chain and other programs. Our semicicon® Exhibitions and events, technological communities, market standards and intelligence help to advance the growth and innovations of our members in design, devices, equipment, materials, services and software, allowing more intelligent, faster and more secure electronics. Visit www.semi.orgContact a regional desk and connect with semi Liendin And X To find out more.

    Association contact

    Sami Bahou/ Semi-us

    Telephone: 1.408.943.7870

    E-mail: sbahou@semi.org

    Semi source





    Source: PR Newswire

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