Bubble? Semiconductor and clean tech investments almost 2X commitments made in the same sectors in 2021, and nearly 20X the amount in 2019

• The Inflation Reduction Act, which became law last August, includes $369bn of tax credits for clean technologies
• Companies have committed more than $200bn to US manufacturing projects since Congress passed sweeping subsidies last year
• The investment in semiconductor and clean tech investments is almost double the commitments made in the same sectors in the whole of 2021, and nearly twenty times the amount in 2019

Source:

www.ft.com/content/b1079606-5543-4fc5-acae-2c6c84b3a49f