NMSDC’s Statement on the CHIPS for America Act


Ying Mcguire, President & CEO, National Minority Supplier Development Council

The National Minority Supplier Development Council is pleased by the recent Senate passage of The Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. We applaud the bipartisan efforts by the Senate to pass the CHIPS Act and to address long standing concerns related to US manufacturing capacity and supply chain disruptions. The economic significance of this bill is clear, and the benefits will span across key sectors beyond manufacturing and construction.

Ying McGuire, CEO and President, NMSDCWe are confident that the CHIPS Act will create more opportunities for the small business community as domestic manufacturing capacity increases. We encourage Congress and private sector leaders to ensure that minority business enterprises (MBEs) have equal access to opportunities that flow from CHIPS once it is signed into law.
NMSDC President and CEO Ying McGuire said of the Senate passage of the CHIPS Act. 

NMSDC looks forward to swift, bipartisan action on the CHIPS Act in the House before it goes to President Biden’s desk for signature. Ying McGuire
Ying McGuire
CEO and President

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