The SIA report, "How Federal Investment in Semiconductor R&D Spurs U.S. Economic Growth and Job Creation," examines the impact of federal investments in semiconductor research and development (R&D) on the U.S. economy. The report finds that federal government funding for semiconductor R&D has lagged behind private sector investment, with private sector funding increasing at a much faster rate. In 2019, private sector funding for semiconductor R&D totaled nearly $40 billion, while the federal government spent only $1.7 billion on core, semiconductor-specific R&D. The report suggests that additional federal funding for semiconductor R&D would further increase U.S. economic growth, create new jobs, and help maintain the country's technology leadership.
