3 Chip Stocks That Would Benefit From Government Subsidies

·4 min read
3 Chip Stocks That Would Benefit From Government Subsidies

The Senate recently passed the U.S. Innovation and Competition Act, which would grant $52 billion in subsidies to the U.S. semiconductor industry. This assistance comes as chip production continues to trend away from America's producers. Also, the Congressional Research Service found that the U.S. accounted for only 11% of production in 2019, compared with 40% in 1990.

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