Tuesday, November 19, 2024
HomeUS Government‘An economic stimulus boon’: Local tech companies seek CHIPS Act money

‘An economic stimulus boon’: Local tech companies seek CHIPS Act money

The CHIPS Act includes $39 billion in subsidies for construction of new chip factories, called “fabs,” as well as a 25 percent tax credit for purchases of chipmaking equipment. There’s also $11 billion to help pay for research in advanced manufacturi… [4801 chars]

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