Intel, AMD Chiefs Push For Tax Breaks In U.S. $3 Billion, 3nm Chip Development Plan

Intel, AMD Chiefs Push For Tax Breaks In U.S. $3 Billion, 3nm Chip Development Plan

3 years ago
Anonymous $K6XgmDN5_o

https://wccftech.com/intel-amd-chiefs-tax-breaks-in-u-s-3-billion-3nm-chip-plan/

Representatives of the Semiconductor Industry Association (SIA) were joined by those from big silicon firms in writing a letter to U.S. President Joe Biden urging him to help reduce American dependence on chip imports. Intel's former chief Mr. Robert Swan, AMD's chief Dr. Lisa Su and Qualcomm's Steve Mollenkopf were signatories of the letter, with representatives from NVIDIA Corporation, Broadcomm Inc, IBM also showing their support for the proposal.

The gist of the letter surrounded the industry leaders stressing the need for the new administration to work with Congress for funding chip manufacturing initiatives outlined in the "Creating Helpful Incentives to Produce Semiconductors for America" or the CHIPS for America subsection of the National Defense Authorization Act (NDAA) which became public law at the start of this year.

Intel, AMD Chiefs Push For Tax Breaks In U.S. $3 Billion, 3nm Chip Development Plan

Feb 16, 2021, 6:29pm UTC
https://wccftech.com/intel-amd-chiefs-tax-breaks-in-u-s-3-billion-3nm-chip-plan/ > Representatives of the Semiconductor Industry Association (SIA) were joined by those from big silicon firms in writing a letter to U.S. President Joe Biden urging him to help reduce American dependence on chip imports. Intel's former chief Mr. Robert Swan, AMD's chief Dr. Lisa Su and Qualcomm's Steve Mollenkopf were signatories of the letter, with representatives from NVIDIA Corporation, Broadcomm Inc, IBM also showing their support for the proposal. > The gist of the letter surrounded the industry leaders stressing the need for the new administration to work with Congress for funding chip manufacturing initiatives outlined in the "Creating Helpful Incentives to Produce Semiconductors for America" or the CHIPS for America subsection of the National Defense Authorization Act (NDAA) which became public law at the start of this year.