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CHIPS Act
Tenney pushes for bigger CHIPS Act tax credit
U.S. Rep. Claudia Tenney has introduced a bill to expand a key CHIPS and Science Act tax credit for semiconductor manufacturers, according to reporting by Robert Harding. Her proposal would boost the credit from 25% ... more
What’s next for CHIPS Act after reports Trump admin may renegotiate terms?
The Trump administration is reportedly seeking to renegotiate conditions of the CHIPS & Science Act, potentially delaying funding for U.S. semiconductor projects, including Micron’s planned chip fab in Clay, New York. Sen. Kirsten Gillibrand called ... more
CHIPS Act funding at risk under Trump’s spending freeze
Supporters of the CHIPS and Science Act are alarmed by President Donald Trump’s executive order pausing all federal grants and loans, including billions earmarked for U.S. semiconductor manufacturing. A federal judge temporarily blocked the order ... more
Schumer visits Corning to celebrate impact of CHIPS act
Senate Majority Leader Chuck Schumer was in Corning on Friday for a victory lap to celebrate the signing of the federal CHIPS bill that he says will have an impact on Upstate New York and ... more
Everything to know about the $52 billion dollar CHIPS Act: Senate passes bill to send to the House for vote
Congress has been working to pass a $52 billion dollar semiconductor manufacturing subsidy bill called the CHIPS Act, and not everyone supports it. Despite this, it was passed by the Senate and will make its ... more
