Press release:
Congressman Chris Jacobs (NY-27) joined a bipartisan group of representatives and senators to call on President Biden to prioritize funding and policies in his FY2022 budget proposal that bolster domestic semiconductor manufacturing and supply chains.
“Domestic production of semiconductors is an economic and national security priority,” Jacobs said. “China is investing billions of dollars into developing this technology and mass manufacturing. We cannot afford to rely on them or other foreign manufacturers.
"We saw this year the devastation when foreign supply chains break down, and given the sensitive, classified, and consumer technologies powered using semiconductors, we must ensure a robust domestic manufacturing program is developed to protect security.”
Specifically, the letter calls for prioritized investment into initiatives outlined in the CHIPS for America Act that was enacted into law as part of the FY21 National Defense Authorization Act. The legislation creates incentives to support semiconductor research and development and the domestic manufacturing of semiconductors.
“Nationally, these investments are critical to our economic development, global competitiveness, and national security," Jacobs said. "Locally, these investments also have the potential to aid in the economic development of Western New York by supporting assets such as the STAMP plant in Genesee County that are readily available to host high-technology manufacturers.
“I am encouraged the President has recognized the importance of secure supply chains and domestic manufacturing; I urge him to prioritize these needed investments.”
To read the letter to President Biden, click here (pdf).
