The new version of the Big Beautiful Bill passed by the US Institute of Participation is expected to reduce the cost of semiconductor operators in US factories and stimulate TECHNOLOG ADR to a record high.

Foreign reports such as CNBC and Seeking Alpha, according to the new version of the Big and US Act passed by the Institute on Tuesday (July 1), semiconductor operators who go to the United States to build factories can enjoy a tax reduction discount of 35%, which is higher than the 25% pre-set of the previous version, and is also better than the 30% initially proposed by the draft.

If NTEC, Intel Corp., Micron Technology and other employees are expected to meet the tax credit qualification if they are on duty before the 2026 deadline.

The latest provision is further expanded based on the "CHIPS and Science Act" (simplified chip law) passed by the Biden administration in 2022; the chip law has proposed a $39 billion subsidy to the US semiconductor manufacturing project and provided a $75 billion loan.

This bill will now be submitted to the House of Commons for review, with the goal of submitting it to President Donald Trump before the Independence Day on July 4.

Taiwan Electric ADR reported 3.97% on the 2nd and closed at US$233.60, setting a record high in history. Taiwan's large-scale transistor round foundry customers NVIDIA (Nvidia Corp.), Ultramicro (AMD), and Apple Inc. also rose by 2.58%, 1.77% and 2.22% respectively. Micron rose 0.7% and closed at $121.74, ending a five-day decline.

Extended reading: Shocked! Chen Liwu terrorizes and promotes Intel 18A, and strives to develop Intel 14A