U.S. Senators Propose 25% Tax Credits for Domestic Chipmakers


A bipartisan group of U.S. senators proposed on Thursday a 25% tax credit for investments in chip production in the country. The proposal is an addition to the $52 billion semiconductor industry funding plan approved by U.S. legislators last week, showing a large push to boost support for domestic chipmakers.

The Facilitating American-Build Semiconductors (FABS) Act proposes a 25% investment tax credit for investments in semiconductor manufacturing facilities and in production of fab tools. 


Source link

About Game News Today

I'm a true gamer. I'm not a pro gamer but ill never stop playing games. My choice of console is PlayStation, but each to their own. I unfortunately do not get as much time as i would like to still play games, but when i do, i love it!

Check Also

Crucial P5 Plus M.2 NVMe SSD Review: Affordable Gen4 Performance

We have had quite a few PCIe 4.0 x4 SSDs pass through our lab since …