KUALA LUMPUR (Aug 5): Following the recent passage of the CHIPS Act of 2022 (H.R. 4346), legislation that would provide US$52 billion for semiconductor manufacturing incentives and research investment, US semiconductor giants are pressing for changes in law to allow more highly skilled migrant workers to remain in the US.
In a joint letter, the companies urged congressional leaders the US to reform regulations around green cards to keep more highly skilled migrant workers.
Washington-based The Hill on Thursday (Aug 4) reported that nine companies argued the US should exempt eligible migrants with doctorate and master's degrees in science, technology, engineering and mathematics (STEM) from annual green card country caps.
In addition to the green card reform, the companies said the US should invest more in developing qualified US-born STEM students and creating more semiconductor-specific degree programmes.