Apple Joins Microsoft, Google in New Lobbying Group Aimed at Funding US Chip Production
Apple has joined Microsoft and Google in a new lobby group aimed at land funding for US-produced semiconductors.
According to a new Reuters report, Apple has joined Microsoft and Google in a newly-formed “Semiconductors in America Coalition” that’s lobbying for a massive investment in chip manufacturing subsidies from the US government.
“Leaders from a broad range of critical sectors of the US economy, as well as a large and bipartisan group of policymakers in Washington, recognize the essential role of semiconductors in America’s current and future strength,” said John Neuffer, the president and chief executive of the Semiconductor Industry Association, a trade group that represents semiconductor companies.
The new lobbying group hopes to land funding for the recently enacted CHIPS for America Act, which green-lit incentives for domestic chip manufacturing and research but didn’t supply the necessary money.
The group includes a mix of companies, including familiar tech brands like Amazon, Apple, Google, and Microsoft as well as carriers like AT&T and Verizon. Firms that were already part of the Semiconductor Industry Association, such as AMD, Intel, Qualcomm, and Samsung, are also part of the new coalition.
Basically, the group wants enough US-based manufacturing to create “more resilient supply chains” and ensure tech is there when necessary. The group is also opposed to any short-term intervention as it believes it can fix the supply-and-demand imbalance itself.
“Robust funding of the CHIPS Act would help America build the additional capacity necessary to have more resilient supply chains to ensure critical technologies will be there when we need them,” the group said in a letter to Democratic and Republican leaders in both houses of the US Congress.
The alliance has already sent a letter to House and Senate leaders urging funding for the CHIPS Act.