Latest news with #AdvancedManufacturingInvestmentCredit
Yahoo
09-07-2025
- Business
- Yahoo
How Trump's One Big Beautiful Bill could be fresh fuel for the stock market's favorite AI names
President Donald Trump's new budgetary package includes a tax incentive for semiconductor companies. The One Big Beautiful Bill Act includes a provision to compel chipmakers to start building quickly. This is likely to be a significant tailwind for companies that build chips on US soil or plan to. Wall Street's favorite tech trade could be about to get a fresh boost. President Donald Trump signed the One, Big, Beautiful Bill Act into law on July 4, and there are some parts of the legislation that could unleash further gains for AI semiconductor stocks, Companies in the chip space are poised to receive a significant tax benefit as the administration intensifies its quest to incentivize chipmakers to build cutting-edge AI tech in the US. Under a provision of the bill, companies that break ground on new chipmaking facilities in the US before 2026 may be eligible for a 35% tax credit, up from 25%. Shay Boloor, Chief Market Strategist at Futurum Equities, said there are a handful of AI stocks that are most likely to benefit, flagging two immediate likely winners. "Intel and Micron get the most immediate lift," he said. "Intel's turnaround is tied to Foundry Services, and this credit is oxygen for their capex model. Micron, with its US-based memory investment, is a quiet winner too." He added that he still sees Nvidia as the sector's top name, noting that. Taiwan Semiconductor Manufacturing Company is likely to receive a boost as well. Others echoed Baloor's optimism around the bill's impact on AI chip stocks. "There can be little doubt that the Advanced Manufacturing Investment Credit (AMIC) under the OBBB will materially benefit the manufacturers of US fab plants, specifically for already announced investments by TSMC ($165B) and Micron ($200B), and to a lesser degree, Intel," said Scott Bickley, an advisory fellow at Info-Tech Research Group. Eugenia Mykuliak, Founder & Executive Director of financial services provider B2PRIME Group also highlighted the benefits for chipmakers that are either building semiconductor facilities on US soil or have plans to. "It could also boost stock performance for companies heavily invested in domestic chip fabrication plants, since investors like it when there's clear policy support for long-term growth," she said of the new policy. "It sends a strong message that the government is committed to backing the sector for the long haul, which helps companies plan with more confidence." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
09-07-2025
- Business
- Business Insider
How Trump's One Big Beautiful Bill could be fresh fuel for the stock market's favorite AI names
Wall Street's favorite tech trade could be about to get a fresh boost. President Donald Trump signed the One, Big, Beautiful Bill Act into law on July 4, and there are some parts of the legislation that could unleash further gains for AI semiconductor stocks, Companies in the chip space are poised to receive a significant tax benefit as the administration intensifies its quest to incentivize chipmakers to build cutting-edge AI tech in the US. Under a provision of the bill, companies that break ground on new chipmaking facilities in the US before 2026 may be eligible for a 35% tax credit, up from 25%. Shay Boloor, Chief Market Strategist at Futurum Equities, said there are a handful of AI stocks that are most likely to benefit, flagging two immediate likely winners. " Intel and Micron get the most immediate lift," he said. "Intel's turnaround is tied to Foundry Services, and this credit is oxygen for their capex model. Micron, with its US-based memory investment, is a quiet winner too." He added that he still sees Nvidia as the sector's top name, noting that. Taiwan Semiconductor Manufacturing Company is likely to receive a boost as well. Others echoed Baloor's optimism around the bill's impact on AI chip stocks. "There can be little doubt that the Advanced Manufacturing Investment Credit (AMIC) under the OBBB will materially benefit the manufacturers of US fab plants, specifically for already announced investments by TSMC ($165B) and Micron ($200B), and to a lesser degree, Intel," said Scott Bickley, an advisory fellow at Info-Tech Research Group. Eugenia Mykuliak, Founder & Executive Director of financial services provider B2PRIME Group also highlighted the benefits for chipmakers that are either building semiconductor facilities on US soil or have plans to. "It could also boost stock performance for companies heavily invested in domestic chip fabrication plants, since investors like it when there's clear policy support for long-term growth," she said of the new policy. "It sends a strong message that the government is committed to backing the sector for the long haul, which helps companies plan with more confidence."
Yahoo
13-06-2025
- Business
- Yahoo
Micron (MU) Commits $200 Billion to U.S. Chip Manufacturing Expansion
Micron Technology (MU, Financials) on Thursday unveiled a $200 billion plan to expand U.S. chip production, aligning with President Donald Trump's push for domestic manufacturing. Warning! GuruFocus has detected 3 Warning Sign with MU. The company will spend $150 billion on new and expanded fabs in Idaho, New York, and Virginia, alongside $50 billion for research and development, including high-bandwidth memory packaging. Micron said it has secured federal, state, and local support for the projects, including up to $6.4 billion through the CHIPS and Science Act, and expects to benefit from the Advanced Manufacturing Investment Credit. CEO Sanjay Mehrotra said the expansion would strengthen U.S. tech leadership, create tens of thousands of jobs, and ensure supply chain resilience. Micron shares were little changed Thursday but remain near a 12-month high, up 37% year to date. This article first appeared on GuruFocus.
Yahoo
12-06-2025
- Business
- Yahoo
Micron Technology to Spend $200B to Boost Domestic Chip Production
Micron Technology on Thursday announced a $200 billion investment to boost semiconductor production in the U.S. Roughly $150 billion is scheduled to be used for fabs in three states and advanced high-bandwith memory packaging capabilities, and $50 billion for research and development. Micron has secured federal, state, and local funding, which includes as much as $6.4 billion from the CHIPS and Science Technology (MU) on Thursday became the latest major corporation to announce plans to expand domestic production following President Donald Trump's call for firms to boost American manufacturing. The chipmaker and the Trump administration said Micron will boost its U.S. investments to about $150 billion in memory manufacturing and $50 billion in research and development (R&D). Micron explained that most of the money would be used for "two leading-edge high-volume fabs in Idaho, up to four leading-edge high-volume fabs in New York, the expansion and modernization of its existing manufacturing fab in Virginia," as well as advanced high-bandwith memory (HBM) packaging capabilities. The company noted that it has already received federal, state, and local funding for the Idaho, New York, and Virginia fab work, including up to $6.4 billion from the CHIPS and Science Act. Micron added it expects all of the investments will be eligible for federal Advanced Manufacturing Investment Credit (AMIC). CEO Sanjay Mehrotra argued that this expansion "will reinforce America's technological leadership, create tens of thousands of American jobs across the semiconductor ecosystem and secure a domestic supply of semiconductors—critical to economic and national security." This week, General Motors (GM) announced it would spend $4 billion to increase vehicle production at three U.S. plants. Earlier this year, chipmaking giant Taiwan Semiconductor Manufacturing Co. (TSM) said it planned to invest $100 billion in U.S.-based chip manufacturing facilities, and Apple (AAPL) announced plans to spend more than $500 billion domestically over the next four years. Shares of Micron Technology were little changed today but are up 37% this year, trading at their highest level since last July. Read the original article on Investopedia Sign in to access your portfolio
