Building Chips in America Act of 2023

Floor Speech

Date: Sept. 23, 2024
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. STANTON. Mr. Speaker, I rise in support of S. 2228, the Building Chips in America Act. Two years ago, Congress wisely passed the CHIPS and Science Act, bringing about a resurgence in domestic manufacturing, particularly in my home State of Arizona.

Some of the world's leading semiconductor companies have invested hundreds of billions of dollars in Arizona to build new fabrication plants, or fabs, creating thousands and thousands of high-wage jobs.

Many of these projects have already broken ground. If you drive around my district in Arizona, cranes dot the skyline, the clearest sign of America's advanced manufacturing boom.

In North Phoenix, TSMC will soon begin producing the world's most advanced semiconductors by the end of this decade.

In Chandler, Intel is building its largest manufacturing complex, which opens next year. It will churn out semiconductor chips at a time when America needs a secure supply more than ever. It is critical for our national defense.

Make no mistake. These projects are being constructed in compliance with Federal, State, and local environmental regulations, protecting Arizonans' clean air and water.

In fact, we have worked in partnership with semiconductor giants to invest in water recycling and reclamation projects in record numbers.

Because these projects are benefiting from the CHIPS and Science Act, many companies must now, for the first time, complete a secondary Federal and environmental review that could slow or even stop construction for months or years.

This bipartisan bill, led by Senator Mark Kelly from Arizona on the Senate side, would streamline that review process to ensure these fabs can be built on time so we don't lose a single day in the global semiconductor arms race.

Mr. Speaker, I urge my colleagues to vote ``yes'' on S. 2228.

BREAK IN TRANSCRIPT


Source
arrow_upward