A recent meeting of the Oregon House Committee on Economic Development, Small Business, and Trade highlighted the critical importance of the semiconductor industry to the state's economy. The discussions centered around the Oregon Chips Act and proposed amendments aimed at bolstering support for this vital sector.

Key speakers emphasized the need for continued investment in Oregon's semiconductor industry, which employs over 30,000 residents and contributes significantly to the state's economic landscape. Harry Klapis, representing Ampere Computing, underscored the importance of flexibility in supporting the industry, noting that the federal Chips Act has largely run its course and that Oregon must take proactive steps to maintain its leadership in semiconductor manufacturing.

The committee heard strong support for House Bill 2277, particularly the dash 1 amendment, which would grant the governor greater authority to incentivize semiconductor companies. This move is seen as essential for ensuring that Oregon remains competitive against other states and international markets, particularly as the industry faces cyclical challenges.

Andy Smith from the Washington County Chamber of Commerce echoed these sentiments, highlighting the historical partnership between local businesses and government that has fostered the growth of the Silicon Forest. He pointed out that while Oregon's business climate has faced setbacks, the state still boasts the most mature semiconductor cluster in the U.S. and is a leader in manufacturing cutting-edge chips.

Dan Diaz also contributed to the discussion, stressing the need for legislative action to maintain Oregon's competitiveness in the semiconductor sector. He called for a separation from federal requirements to allow for more streamlined funding and support for local businesses.

The meeting concluded with a consensus on the importance of ongoing investment and legislative support for the semiconductor industry, which is crucial not only for economic growth but also for the broader community's prosperity. As Oregon navigates the complexities of the semiconductor market, the outcomes of these discussions will play a pivotal role in shaping the future of the state's economy.