Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’ - Echo Global News

Wednesday, July 2, 2025

Chipmakers get larger tax credits in Trump’s latest ‘big beautiful bill’



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The latest version of U.S. President Donald Trump's "big beautiful bill" could make it cheaper for semiconductor manufacturers to build plants in the U.S. as Washington continues its efforts to strengthen its domestic chip supply chain.

Under the bill, passed by the Senate Tuesday, tax credits for those semiconductor firms would rise to 35% from 25%. That's more than the 30% increase that had made it into a draft version of the bill.

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