Senator Hassan Visits Semiconductor Manufacturing Business in Salem

SALEM - U.S. Senator Maggie Hassan toured GPD Optoelectronics in New Hampshire on Wednesday, a local business that manufactures specialized semiconductors with applications in aerospace, defense, telecommunications, and other industries. The visit underscored the impact of the bipartisan CHIPS and Science Act, which Senator Hassan helped develop and pass into law, on boosting semiconductor production in the United States and increasing demand for American-made components, like those made by GPD Optoelectronics.

"It was great to visit GPD Optoelectronics today, which is a prime example of the New Hampshire businesses that are driving American innovation," said Senator Hassan. "GPD Optoelectronics's work to produce specialized semiconductors not only continues to create excellent and well-paying jobs in New Hampshire, it also allows us to outcompete countries like China and strengthens our national security by ensuring that we meet our defense and infrastructure supply chain needs here at home."

Senator Hassan has been a leader in supporting small businesses and fostering innovation. She worked across the aisle to develop and pass into law the bipartisan CHIPS and Science Act, which is strengthening our economic and national security. The law is helping to support our supply chains, lower costs, and ensure that America can outcompete countries like China by investing in research and manufacturing here at home. Additionally, Senator Hassan has led efforts to cut taxes for innovative businesses and startups, and she successfully advocated for doubling the refundable R&D tax credit for small businesses and startups in the Inflation Reduction Act, which is now law.

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