July 27, 2022

Gillibrand Statement On Senate Passage Of CHIPS Act

Addressing Senate passage of the CHIPS and Science Act of 2022, U.S. Senator Kirsten Gillibrand released the following statement:

“Over the past few years, U.S. consumers and companies experienced how our overreliance on foreign companies for semiconductors led to increased prices and the disruption of American supply chains. The CHIPS and Science Act of 2022 will deliver billions in resources to build our domestic chip industry, address vulnerabilities in domestic manufacturing and supply chains, and increase our competitiveness with China. This bill will strengthen our national security, create good-paying jobs and pave the way for continued U.S. leadership in semiconductor technology, design and fabrication.”

Gillibrand has long championed increased efforts to expand the domestic semiconductor and broader microelectronics industries, including by cosponsoring legislation like the bipartisan American Foundries Act, which she helped negotiate with Majority Leader Chuck Schumer as an amendment to the FY21 NDAA. In February, Gillibrand introduced her bipartisan, bicameral Made in America Manufacturing Communities Act of 2022, which would incentivize private-public partnerships that would be eligible for federal financial and technical assistance designed to expand and support domestic manufacturing. Gillibrand also led a push with Senator Schumer and Representatives Tonko and Katko calling on President Biden to invest in U.S. semiconductor production. Last year, Senator Gillibrand led a bipartisan call on the Biden administration to implement the provisions that she fought for in the FY21 NDAA to bolster the domestic semiconductor industry.