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Daily: Trump tax bill and chips; Intels 18A; China chip startups Highlights Trump tax bill and chips The version of Trump’s ‘One Big Beautiful Bill’ that passed the Senate today contains a tax credit of 35% for semiconductor fabs that break ground by 2026 It’s an upgrade from the current 25% as well as the 30% that was floated earlier For all the flak that the CHIPS Act has gotten, the Trump admin seems to be doubling down on many of its core