CHIPS & SCIENCE ACT & SENATOR TODD YOUNG

While touring Samtec Headquarters, Senator Todd Young (pictured above) announced a federal push to increase domestic semiconductor production. During his visit, Young discussed the implementation of the CHIPS and Science Act and the many benefits it will bring to Indiana. As one of the legislators who supported research and production of semiconductors in the United States, Young co-sponsored the bipartisan bill with Democratic Senator Chuck Schumer. The bill was signed into law by President Joe Biden in August 2022.

Although Samtec does not make computer chips, we play a crucial role in supporting those who make computer chips worldwide. Young highlighted the importance of companies like Samtec in rebuilding the United States’ capabilities through the CHIPS and Science Act.

Implementing the law and partnering with companies like Samtec will help keep talent in the region, according to Young. By doing so, it will provide more opportunities for Hoosiers and Kentuckians. Mark Bobo, Samtec’s executive vice president of global compliance, sustainability, and affairs, said that the Microelectronic Commons would bring universities and corporations together to build something special.