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Thematic Times: Semiconductors Powering Thematic Indexes

This week, the President signed the CHIPS and Science Act which would provide $50 billion in subsidies to chip manufacturers to expand their operations within the U.S. and $2.7 billion for other activities like research, development, and workforce growth.(1) This note discusses how the semiconductor industry could grow to meet demand created by innovation and how VettaFi’s thematic indexes are directly or indirectly exposed to semiconductor stocks.

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