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Businesses have dedicated approximately $204bn in substantial-scale projects to spice up US semiconductor and cleanse-tech manufacturing as of April fourteen, promising to generate at the least 82,000 jobs. Though not these projects have been a immediate results of the passage of such costs, they will probably be eligible for that tax credits.
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The Chips Act along with the Inflation Reduction Act, passed in just days of one another last August, together contain in excess of $400bn in tax credits, grants and loans created to foster a domestic semiconductor marketplace and cleanse-tech production base.
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