Mayor McLean will be in Washington D.C. tomorrow morning to join fellow leaders from across the country for the signing of the bipartisan CHIPS bill into law by President Biden. The passing of the bill will provide a $52.7 billion investment in domestic semiconductor manufacturing and science research, boosting national and local economies, and national security.
Boise has long been a key player in the semiconductor industry, both domestically and abroad. We are home to Micron Technology – the fourth largest semiconductor manufacturer in the world. The signing of the CHIPS Act is a direct benefit to our community. The investment in advanced manufacturing, innovation, and research & development will improve the nation's supply chain resiliency and address bottlenecks that are contributing to inflation. It will also bolster the City of Boise’s efforts to attract employers that share our vision of creating a city for everyone, support our diverse workforce, and continue encouraging innovation and growth right here in Boise.
“I am thankful for the President’s commitment to advancing legislation that is critical to protecting our country’s economic health and security, as well as our city’s economic vitality, our leading industry, and our workforce,” said Mayor McLean. “I’m proud to witness the signing of the bill with Micron CEO Sanjay Mehrotra and reaffirm our commitment to supporting homegrown innovation and investing in an economy that uplifts everyone in our community, family wage jobs, and access to economic opportunity for all.”
Semiconductors power our everyday lives, from our computers to smart phones and even cars. They are integral to industries in every segment of our interconnected economy – from healthcare technology to telecommunications, agricultural processes, consumer goods and electronics, and so much more.