Intel Shares Surge, Texas Instruments Subsidies
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Texas Instruments news.
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Intel stockThe Motley Fool
•Why Intel Stock Gained Today
84% Informative
Texas Instruments announced that it would receive $1.6 billion in new funding through the CHIPS and Science Act.
The company also said that it anticipates receiving between $6 billion and $8 billion in tax credits.
Texas Instruments signals that the U.S. is still focused on building up domestic chip fabrication capabilities.
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