Chip stocks gain after larger tax credits in Trump’s 'Big Beautiful Bill'

5 days ago 2
Flag of USA on a processor, CPU Central processing Unit or GPU microchip on a motherboard. Congress passes the CHIPS Act of 2022 to strengthen domestic semiconductor manufacturing, research and design.

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The latest version of U.S. President Donald Trump’s “Big Beautiful Bill” may make it cheaper for semiconductor makers to set up facilities in the U.S., boosting the Trump administration's efforts to bolster local chip production.

Under the bill, passed by the

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