$Intel (INTC.US)$$NVIDIA (NVDA.US)$$Advanced Micro Devices (...

$Intel(INTC.US)$ $NVIDIA(NVDA.US)$ $Advanced Micro Devices(AMD.US)$ The US $52 billion CHIPS bill will cover not only chip manufacturing companies, but also chip design companies. In June, the US Senate passed a series of US Innovation and Competition Act, including the CHIPS Act. The bill, called The Creating Helpful Incentive for The Production of Semiconductors, seeks to support US chip production by providing $52 billion in subsidies to the semiconductor industry.