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The Chips Act Is Not Legislative, but It's a Good Idea
Legislators are hoping to add on a little more, such as an investment tax credit for semi conductor manufacturing. The thinking is that the chips act is urgent because unless it passes quickly, companies will build their factories in countries where incentives are already in place. Other parts of the competition package took a smart tack, supporting academic research in critical areas and fa itating emigration by students and talented professionals.