Newsroom / Press Release

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 

PRESS CONTACTS

Please direct all media inquiries to:

Brian Dietz
Senior Vice President Strategic Communications
[email protected]

Joy Sims
Vice President
Strategic Communications

[email protected]

Phone: 202-222-2350

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