According to the Semiconductor Industry Association, the $550 billion semiconductors will become a trillion-dollar business by 2030. Washington has repeatedly proven that it can turn ideas into revenue streams and offers savvy semiconductor companies unparalleled opportunities.

Dec 12, 2024 · Noted in the Governor’s directive, Washington’s semiconductor industry currently generates $4.5 billion in economic impact and $673 million in annual wages while employing nearly 8,600 Washingtonians statewide.

The Center of Excellence for Semiconductors & Electronic Manufacturing serves the entire state of Washington. We partner with these organizations and many others to support students, workers, and businesses in the high-tech industry.

Dec 12, 2024 · A new public-private working group organized by the Washington Department of Commerce will begin meeting this month to help attract federal funding from the CHIPS and Science Act and bolster the...

Apr 22, 2024 · The University of Washington is at the forefront of an international effort to innovate the semiconductor industry while building a skilled U.S.-based workforce to design and manufacture chip technology.

Aug 9, 2022 · Today, President Biden signed the CHIPS and Science Act. It authorizes $250 billion to subsidize domestic production of semiconductors and fund research into new semiconductor technology.

Mar 6, 2023 · At A Glance President Biden signed the CHIPS and Science Act into law Aug. 9, 2022. The act will reset global supply chains, boosting Washington manufacturing and workforce development. In addition to spurring domestic semiconductor manufacturing, the act will also provide funding for technology hubs, applied research, and energy innovation.

Jan 8, 2024 · Despite the semiconductor industry's anticipated growth in the U.S., there's a significant shortage in workforce size and diversity. Washington state alone faces an estimated gap of 60,000 STEM-trained workers by 2026 to meet the rising demand for chips.

The semiconductor industry is substantial in Washington state, with 8,580 jobs and an estimated total of $4.5 billion economic impact from wages and taxes. Washington’s semiconductor companies cover the entire semiconductor value chain, from R&D to Design, Manufacturing, Assembly/Testing/Packaging, and Distribution.

Although the $52 billion in chip and semiconductor production subsidies provided in the final CHIPS and Science Act is making headlines, there are several provisions within this legislation that are exciting for the broader tech community.