Computer server maker Super Micro Computer raised June-quarter profit and revenue guidance, pointing to expected upside from customer design wins. Read More...
Motley Fool
The CHIPS Act Could Boost These 3 Semiconductor Stocks
In June 2020, the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act was introduced in the House of Representatives by U.S. Rep. Michael McCaul (R-Texas). The act called for the U.S. to boost its subsidies for domestic chipmakers to address the global chip shortage, reduce the country’s dependence on Asian chip foundries, and stay ahead of China in the semiconductor race. The CHIPS Act would provide $52 billion in subsidies and tax breaks for domestic chipmakers.
