It seems like the Trump administration plans to take “some elements” of the CHIPS Act and grant incentives to manufacturers like TSMC, if they scale up US investments. U.S. “Big, Beautiful Bill” To Take Inspiration From Biden’s CHIPS Act, Granting More Tax Credits to Manufacturers President Trump has always been against granting benefits to chip companies, and he has voiced plenty of times against the Biden-era “CHIPS Act”, claiming it to be a “Biden money” scheme. The Trump administration has taken domestic chip production as a national priority and has convinced the likes of TSMC and Micron to pour in […]
Read full article at https://wccftech.com/trump-administration-could-grant-tax-credits-to-intel-tsmc-micron-if-they-expand-us-efforts/