Oregon's semiconductor industry is poised for significant growth, according to Cascade Systems Technology (CST) President and CEO, who spoke at the House Committee on Economic Development, Small Business, and Trade meeting on March 19, 2025. Highlighting the critical role of circuit boards in the semiconductor supply chain, he emphasized that without these components, chips cannot function effectively.

With decades of experience in the semiconductor sector, including a long tenure at Intel, the CEO underscored the importance of continuous investment and innovation in the industry. He noted that Oregon has a unique opportunity to replicate the economic boom experienced during the 1990s tech surge, driven by advancements in artificial intelligence and other technologies.

The CEO expressed strong support for a proposed bill aimed at enhancing the capabilities of companies like CST, which are integral to the semiconductor ecosystem. He pointed out that while semiconductor manufacturers receive grants, companies involved in circuit board assembly often do not, despite their essential role in bringing silicon innovations to market.

The discussion highlighted the need for a holistic approach to the semiconductor supply chain, which includes not only the production of semiconductors but also their integration into various applications, from data centers to medical devices. The CEO's remarks reflect a broader sentiment within the industry that Oregon can harness its existing resources and expertise to foster economic uplift and maintain its competitive edge in the global market.

As the committee continues to explore legislative support for the semiconductor industry, the implications of this bill could be far-reaching, potentially positioning Oregon as a leader in the next wave of technological advancement.