Off The Charts: U-Haul, CHIPS Act Winners & Know Your IPO: Savers Value Village 7/11/23
Mad Money w/ Jim Cramer
00:00
The Chips and Science Act
The Chips and Science Act was passed last August in response to the global semiconductor shortage that hit during the pandemic. The bill also had a 25% investment tax credit for capital expenses coming from semiconductor manufacturing and related equipment. Intel has become the poster child for the chips act, committing tens of billions of dollars to these projects because the federal government will end up footing a big chunk of the bill.
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Transcript
