HomeMarketsU.S. EconomyBig, Beautiful Bill Offers A.I. Chip Support, China Chip Design Exports Lifted

Big, Beautiful Bill Offers A.I. Chip Support, China Chip Design Exports Lifted

Intel (INTC), TSMC (TSM) and Micron (MU) are all expected to benefit from boosted tax credits under President Trump's "big, beautiful bill." Jenny Horne talks about how these companies can jump with the extra leg of support as companies like Nvidia (NVDA) and Broadcom (AVGO) continue to thrive. The U.S. also lifted export controls on chip-design software to China. As Jenny explains, stocks like Synopsys (SNPS) and Cadence Design (CDNS) rallied off the headline.

Morning Trade Live

03 Jul 2025

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