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CHIPS Act will help boost semiconductor investment in Mexico: official

Intel and Texas Instruments 'express interest' in possible expansion

Monica Duhem Delgado, head of the Secretariat of Economy's global economic intelligence unit, says officials are working on incentives to bring chip companies to Mexico.

MEXICO CITY -- Mexico stands to benefit from U.S. incentives for chipmakers, an Economy Secretariat official said, arguing that her country offers a lower-cost production base for companies like Intel.

The recently enacted CHIPS and Science Act provides $52.7 billion for U.S. semiconductor research, development, production and workforce training.

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