Reported 2 days ago
Chipmakers like Nvidia, Intel, Broadcom, Micron, and AMD are poised to benefit from Trump's 'One Big Beautiful Bill Act', which proposes an increase in the investment tax credit for semiconductor manufacturers from 25% to 30% until the end of 2026. This move aims to stimulate domestic production despite previous criticisms of the Chips and Science Act. The bill has passed in the Senate and now awaits approval from the House before becoming law.
Source: YAHOO