Cross-Sector Trade Association Memory Chip Letter to Treasury and Commerce

A cross-sector coalition of trade associations representing broadband providers, medical device manufacturers, automobile manufacturers, and national retailers today sent the attached letter to Treasury Secretary Bessent and Commerce Secretary Lutnick to express concern about "an urgent imbalance in the market for memory chips that could lead to significant and sustained near-term price increases for American households and disrupt critical U.S. supply chains."

The letter was signed by the following trade associations:

NCTA-The Internet & Television Association

ACA Connects-America's Communications Association

NTCA-The Rural Broadband Association

Telecommunications Industry Association

Medical Device Manufacturers Association (MDMA)

AdvaMed

Alliance for Automotive Innovation

Retail Industry Leaders Association

National Retail Federation