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31 min ago 2 min read
The Semiconductor Industry Association (SIA) said the advanced manufacturing investment credit (AMIC) and manufacturing grant incentives have supported investment in the US semiconductor supply chain.
Companies across the US semiconductor supply chain have announced a combined $820.8bn in private investment since 2020, across more than 160 projects spanning 30 states, according to new data from the SIA.
The trade association said the US Department of Commerce has also announced approximately $33bn in grant awards and up to $7.15bn in loans to 35 companies across 52 projects within the past six years.
SIA’s tally includes commercial fabrication and back-end facilities, semiconductor equipment and materials manufacturing, and R&D facilities.
In July 2025, the US House of Representatives President Trump’s budget bill, boosting the AMIC for the semiconductor industry from 25% to 35%.
This followed the US Department of the Treasury providing a 25% tax credit for certain semiconductor manufacturing investments the previous year.
In May 2026, the global semiconductor industry association SEMI urged the US Congress to immediately pass a of the AMIC ahead of the December 31, 2026, deadline.
The 35% rate is now in effect, but the underlying AMIC remains subject to a December 31, 2026 deadline for qualifying projects.
SEMI and its member companies warned that allowing the AMIC to expire would create uncertainty for long-term capital investment and risk slowing the expansion of the US semiconductor manufacturing sector.
More widely, electronics is becoming a bigger part of the growth story for the world’s largest industrial gas companies, with semiconductor demand playing a in the latest results from Linde, Air Liquide, Air Products and Nippon Sanso.
