Trump Spending Bill Could Boost Chipmaker Tax Credits by 35%
US chipmakers may gain 35% tax credits if Trump’s bill passes, boosting domestic semiconductor production.
Matilda
Trump Spending Bill Could Boost Chipmaker Tax Credits by 35% How Trump’s Spending Bill Impacts US Chipmakers
A proposed spending bill by the Trump administration could significantly benefit US chipmakers through enhanced tax credits. If passed, the bill would increase the investment tax credit for companies building semiconductor manufacturing facilities in the United States from 25% to 35%. This incentive aims to revitalize domestic chip production and reduce dependency on foreign supply chains—particularly critical after recent geopolitical tensions and tightened export controls on advanced AI chips. With major players like Intel, TSMC, and Micron Technology expanding operations within the US, this policy shift could stimulate industry growth and protect national interests. Image Credits:Benjamin Fanjoy/Bloomberg / Getty Images The push for this policy stems from the increasing demand for semiconductors, especially AI chips, as global tech adoption accelerates. U.S. firms have been struggling with regulatory roadblocks, particularly export rest…
