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Chipmakers may get larger tax credit in ‘big beautiful bill,’ CNBC reports

The latest version of U.S. President Trump’s “big beautiful bill” could make it cheaper for semiconductor manufacturers to build plants in the U.S., Dylan Butts of CNBC reports. Under the bill, tax credits for semiconductor firms would rise to 35% from 25%, which is more than the 30% increase in the draft version of the bill. Companies eligible for the credits include Intel (INTC), TSMC (TSM), and Micron Technology (MU), provided they expand their manufacturing in the U.S. before a 2026 deadline.

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