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Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’

  • The US Senate passed a bill that increases tax credits for semiconductor manufacturers to 35% from 25%, aiding companies like Intel and TSMC.
  • The legislation includes $39 billion in grants and up to $75 billion in loans to support manufacturing projects in the US.
  • Companies starting projects by the end of next year can continue claiming credits, reflecting the long-term nature of chip factory construction.
  • President Donald Trump's administration aims to strengthen the US semiconductor industry, despite previously calling for a repeal of the CHIPS Act, which has strong bipartisan support.
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[New York - Saito Yuta] A major bill including the main policies of the Trump administration is expected to be enacted on the 4th, and the US stock market is likely to select stocks that will benefit from the policy. Some believe that the expansion of tax incentives for semiconductor companies will boost tech stocks. Renewable energy support measures, which were expected to be significantly reduced under the Trump administration, are also expect…

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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NBC Philadelphia broke the news in Philadelphia, United States on Wednesday, July 2, 2025.
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