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SEMI and semiconductor companies call for extended investment credit

May. 18, 2026 –

By Asma Adhimi, eeNews Europe

SEMI and 23 semiconductor industry companies are calling on the US Congress to extend the Advanced Manufacturing Investment Credit (AMIC), warning that the incentive is critical to maintaining momentum in domestic chip production and supply chain investment.

The industry group said the current 35% tax credit, introduced to support semiconductor manufacturing projects in the US, faces expiration in 2026 at a time when demand for chips linked to AI, quantum computing, telecoms and other emerging technologies continues to accelerate.

For eeNews Europe readers, the debate around AMIC is significant because it highlights the growing global competition over semiconductor manufacturing capacity and supply chain resilience. The outcome could also influence future investment strategies by major chipmakers and equipment suppliers operating across Europe and the US.

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