THE U.S. CHIPS AND SCIENCE ACT

THE U.S. CHIPS AND SCIENCE ACT

  1. $52.7 billion for chip manufacturing and research
  2. $39 billion over five years to expand domestic semiconductor manufacturing. It will provide companies incentives to build, expand and modernize US facilities and equipment.
  3. New 25% tax credit for companies that invest in semiconductor manufacturing equipment or the construction of manufacturing facilities.
  4. Private companies that receive financial assistance will be restricted from expanding certain chip manufacturing in China for 10 years.
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