The United States is pushing for domestic manufacturing, and by “pushing,” I mean throwing markets into chaos with tariffs ...

A bill introduced by U.S. Rep. Claudia Tenney would extend and increase a tax credit that is part of the CHIPS and Science Act to boost domestic semiconductor manufacturing.

In August 2022, Congress passed the bipartisan CHIPS and Science Act (CHIPS Act) to revitalize U.S. semiconductor research and manufacturing and drive innovation—a vital national security priority ...

The CHIPS Act includes a 25% tax credit for companies that invest in semiconductor manufacturing. If you're purchasing or upgrading equipment to work in this space, you may be eligible.

The money comes from the 2022 CHIPS Act, which President Joe Biden signed into law after it passed Congress with bipartisan support. Biden visited Wolfspeed's Durham headquarters in 2023.

The CHIPS Act, passed in 2022 with bipartisan margins to provide tens of billions of dollars in federal funding, loans and tax credits for domestic semiconductor manufacturers, has helped spur ...

Biden in 2022 signed the CHIPS and Science Act to plow $52.7 billion into boosting semiconductor chips manufacturing and research in the U.S. and luring chipmakers away from Asia.

The CHIPS and Science Act, signed into law in 2022, is a bipartisan initiative to restore U.S. leadership in semiconductor production and reduce reliance on foreign supply chains.

When COVID-19 hit, automakers canceled their chip orders, expecting a slump. But demand for laptops, gaming consoles and work-from-home tech exploded, and chipmakers pivoted to serve Big Tech.

As President Trump tries to revitalize domestic manufacturing, he’s been clear about his love of tariffs—and his disdain for the Chips Act. Calling the 2022 law a “horrible, horrible thing ...