Tax credits for Intel, TSMC, and other chip companies under the Big Beautiful Bill would rise from 25% to 35% if they expand their US manufacturing before 2026 (Dylan Butts/CNBC)

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— Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce …

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Last seen: 2025-07-03 00:58

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