Solar Wafer Makers Can Tap 25% US Tax Credit Under New Rule
Solar wafer manufacturing projects in the US will qualify for a 25% tax credit under a new rule that could unlock investment in domestic production of the equipment.
US extends semiconductor tax breaks to some solar factories
The Biden administration said on Tuesday it would extend a semiconductor manufacturing tax break to producers of solar wafers, thin silicon slices used to make solar panels that are primarily produced in China.
Treasury, IRS Announce Final Rules for Semiconductor Tax Credit
The Treasury Department said Tuesday that the final rules for CHIPS ITC include some changes to the proposed rules and provide more clarity on certain definitions. CHIPS ITC offers businesses a tax credit equivalent to 25 percent of the basis of property qualified as an advanced semiconductor manufacturing facility.
US Extends 25% Chip Tax Credit to Wafers, Including Solar
The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, expanding eligibility for what is likely to be the largest incentive program from the 2022 Chips and Science Act.
Treasury finalizes rules opening up CHIPS credit to solar manufacturers
The department said it made the change after coordination with the departments of Commerce and Defense "due to specific supply chain and national security
Uncle Sam extends 25% CHIPS Act tax credit to wafer, solar panel manufacturing
Meanwhile, Infinera snags up to $93M of the dwindling subsidies The lion's share of the CHIPS Act funding has already been allocated, but Uncle Sam still has tax breaks to hand out, and it's not even being that picky about which kind of chips are eligible.
U.S. Treasury extends 25% tax credit to solar wafer plants
Solar wafer manufacturing projects in the U.S. will qualify for a 25% tax credit under a new rule that could unlock investment in domestic production of the equipment, Bloomberg reported Tuesday. The new Treasury Department rule unexpectedly extends the reach of an investment tax credit created under the separate U.
TSMC’s Arizona chip plant outperforms Taiwan’s, boosting US drive
Taiwan Semiconductor Manufacturing Company (TSMC) has achieved early production yields at its first plant in Arizona that ...
REPORT: Arm is sensationally canceling the license that allowed Qualcomm to make Snapdragon chips, which power everything from Microsoft's Copilot+ PCs to Samsu…
Qualcomm's massive Snapdragon chip empire could be under threat with Arm Holdings PLC killing their partnership with the firm ...
China struggles to break US chip design ‘chokehold’
Former US president Donald Trump’s administration banned Huawei from using American EDA tools in 2019, a move followed by sweeping export controls introduced by Joe Biden’s administration in August ...
Leading chip maker TSMC reports surging demand, plans for global expansion
Longer-term, TSMC is pursuing a rapid international expansion. It’s planning more plants in Europe with a focus on the market ...
US tech firms could be biggest victims of Washington’s chip restrictions
US officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American ...
TSMC says it has alerted US of potential China AI chip curbs violation
Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt by ...
Semiconductor chips at centre of geopolitical and technological race involving Taiwan, China and the US
Silicon chips are now fundamental to modern life, incorporated into every facet of electronics and driving up share prices on ...
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US probes Taiwan's TSMC over possible chip sales to China’s Huawei
The US Department of Commerce opened a probe into Taiwan Semiconductor Manufacturing Company, the world’s largest contract semiconductor chip maker, amid allegations TSMC sold AI-ready and other ...
Lidwave raises $10M to improve machine vision with on-chip 4D LiDAR
Lidwave has raised $10 million to make machine vision better when it comes to spotting pedestrians in a busy landscape.
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US govt. weighs AI chip export controls, awards Wolfspeed grant
The US government is contemplating imposing a cap on AI chip exports to specific countries. This potential measure would establish a ceiling on export licenses for major chip manufacturers ...