▲ | tester756 5 days ago | |
How can you call it "Intel bailout" if it benefited many semico companies? >The CHIPS Act primarily benefits semiconductor manufacturers and related industries by providing substantial funding for domestic chip production and research. Companies like Intel, TSMC, Samsung, and Micron have received significant grants and loans to expand or establish new manufacturing facilities in the United States. >The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the United States, for which it appropriates $52.7 billion >The act includes $39 billion in subsidies for chip manufacturing on U.S. soil along with 25% investment tax credits for costs of manufacturing equipment, and $13 billion for semiconductor research and workforce training, with the dual aim of strengthening American supply chain resilience and countering China |