Each 1% tariff hike could add US$3.5B to US fab costs, SIA warns

The Semiconductor Industry Association (SIA) urged the Trump administration to reduce tariffs on imported semiconductor materials and equipment, warning that higher costs could undermine US fab investments. In a report and accompanying briefing, the group also called for stronger supply-chain cooperation with allied countries because domestic production currently supplies only 21% of the materials and equipment used by the US semiconductor industry.