May

18

Lots More on How CHIPS Act Money Got Awarded

In 2022, Congress passed the CHIPS Act, which set aside tens of billions of dollars in loans and grants in order to encourage companies to build new semiconductor fabs in the United States. We're still very early in the process. It's going to be a long time before we know if the US will become a major player again in the production of advanced chips. But the process is well underway and the bulk of the awards have been officially announced, with much of the money going to Intel, Samsung, TSMC, and others. So how did the grants get allocated — and what's next?

While it is clear that money earning or losing events like quarterly earnings announcements have an impact on the market (stock prices). I am not sure if government subsidies & grants have an impact on stock prices. Is there a tool that can be used to track events related to government subsidies & grants?

Big Al responds:

An interesting question. Probably start here:

USASpending.gov

USAspending is the official open data source of federal spending information, including information about federal awards such as contracts, grants, and loans.

Also interesting research tracking stock trades by members of the US Congress:

Capitol Trades
Smart Insider
Senate Stockwatcher


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search