July 27, 2022

Wyden Statement on Domestic Semiconductor Bill

Washington, D.C. – U.S. Senator Ron Wyden issued the following statement after today’s Senate vote on the domestic semiconductor legislation:

“Today’s Senate vote takes a huge step forward to cement Oregon’s leadership in the domestic chip industry by allowing companies in our state to invest in both R&D and manufacturing here in America,” said U.S. Sen. Ron Wyden, Chair of the Senate Finance Committee and a co-chair of the state’s semiconductor task force. “That adds up to a big win for Oregon companies and workers as well as consumers facing higher costs due to shortages in foreign-made and foreign-subsidized chips and supply chain problems.”

 “This bill goes hand-in-hand with the state semiconductor task force’s work to pump new life into the Silicon Forest so Oregon’s job-creating businesses can have an even stronger heartbeat at the center of U.S. chip production,” Wyden said. “Fresh incentives to bring chip manufacturing back to America are especially timely for Oregon, with the task force working to ensure our state continues generating high-paying tech jobs. Bottom line, I’m gratified the Senate has passed this bipartisan bill strengthening the economic and national security of our country and state.”