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21 Mar, 2022
As U.S. semiconductor manufacturers confront supply chain issues and inflationary issues exacerbated by the ongoing COVID-19 pandemic and the Russia-Ukraine conflict, lawmakers will explore the challenges facing American chipmakers.
The Senate Committee on Commerce, Science, and Transportation will convene a hearing March 23 titled "Developing Next Generation Technology for Innovation." The hearing's purpose is to "examine the correlation between American competitiveness and semiconductors" and investigate "the impact of vulnerabilities in our semiconductor supply chains," according to a news release.
The meeting will address legislation aimed at boosting U.S. semiconductor production, including two bills in particular: the U.S. Innovation and Competition Act, or USICA, of 2021 and the America COMPETES Act of 2022.
The COMPETES Act would, among other things, provide federal funding for the domestic production of semiconductors and require the federal government to take action on cybersecurity, defense procurements and inflation.
USICA would provide funding to support U.S. semiconductor manufacturing, research and development, and supply chain security. Other provisions of the bill propose to fund wireless supply chain innovation and impose sanctions on China for cybersecurity and human rights abuses.
Both bills would build on the CHIPS For America Act, which was signed in 2021 to authorize new semiconductor manufacturing in the U.S.
Intel Corp. Global Executive Director Jayne Stancavage recently told lawmakers the act was a successful first step, but the U.S. government must continue investing in domestic semiconductor production to keep up with planned 5G deployment.
"Federal investment is urgently needed to reverse this erosion by leveling the playing field for America's semiconductor industry," Stancavage wrote in her March 16 testimony.
Intel CEO Pat Gelsinger, Micron Technology Inc. CEO Sanjay Mehrotra, Lam Research Corp. CEO Tim Archer and Paccar Inc. CEO Preston Feight are expected to provide testimony during the hearing.
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Government |
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| March 22 |
The Senate Commerce Committee will convene an executive session |
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| March 22 |
The Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing entitled, "Building a Resilient Economy: Shoring Up Supply. |
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| March 23 |
The Senate Commerce Committee will hold a hearing titled "Developing Next Generation Technology for Innovation. |
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| Industry, legal and think tank events |
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March 23 | The Information Technology Industry Council will hold a discussion |
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| March 24 | The Trust & Safety Professional Association will hold a webinar titled "Trust and Safety and the Decentralized Web |
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Stories of note:
3G sunset causing concerns for emergency services, MVNOs, automakers
Nielsen's big buyout offer comes at a low moment
Tencent poised to lead China's charge into the metaverse
FCC revokes China-backed Pacific Networks, ComNet USA operating authority
FCC to investigate digital discrimination practices among broadband providers