Semiconductors & Microelectronics
Some of the very first integrated circuits, or ‘chips’, were designed, manufactured and perfected in California4. Since then, California’s innovation ecosystem – comprised of a knowledgeable workforce, legacy businesses, successful start-ups, world-class research centers, venture capital, and diverse talent – have grown alongside the semiconductor industry.
When it comes to developing the newest technologies, there is no better place than California. 33 of the world’s top 50 AI companies are based in California4 and 2/3 of all venture capital in AI went to California’s innovative businesses2. The leading student and faculty talent at the nation’s largest and most diverse network of public universities continue to contribute new ideas and talent to push the limits of impossible. Semiconductors and microelectronics are a cornerstone of 21st century innovation – with continued investment in integrated K-16 education and expanded broadband, California will stay at the forefront of emerging tech.
California Jobs First Sector Strategies
GO-Biz is currently developing sector-specific strategies as part of the California Jobs First Initiative. If you would like to provide input to inform the development of a sector strategy, please do so by clicking the button below.
Popular Programs
California Competes Tax Credit
The California Competes Tax Credit is an income tax credit available to businesses who want to relocate, stay, or grow in California. Our team provides no-cost consultations to see if your business qualifies.
Research & Development Tax Credit
A business may qualify for an income tax credit if it paid for or incurred qualified research expenses while conducting qualified research activity in California. Qualified research expenses includes wages, supplies, and contract research costs.
Workforce Training Programs
The Employment Development Department (EDD) hosts several programs that provide funding to develop and recruit workforce. Example programs include High Road Training Partnerships and Workforce Innovation and Opportunity services, supported respectively by the California Workforce Development Board (CWDB) and Workforce Services Branch (WSB).
References
1. BLS Quarterly Census of Employment and Wages, Q1 2026, NAICS 334413 & 333242
2. Pitchbook Data Inc.
3. US Census Bureau via USA Trade Online
4. Forbes top 50 AI companies
