Technology

OpenAI's Sam Altman urged the U.S. to widen Chips Act tax credits to boost AI growth.

Published On Mon, 10 Nov 2025
Diya Malhotra
1 Views
news-image
Share
thumbnail

OpenAI CEO Sam Altman on Friday reaffirmed the company’s call for the United States to expand eligibility for the Chips Act tax credit as part of its push to strengthen America’s leadership in artificial intelligence. His comments followed a letter sent on October 27 by OpenAI’s Chief Global Affairs Officer, Chris Lehane, to White House science advisor Michael Kratsios, requesting that the Advanced Manufacturing Investment Credit (AMIC) be extended to include AI server production, data centers, and grid components.

The AMIC is a federal tax incentive aimed at boosting domestic semiconductor manufacturing. Altman stated on X that revitalizing U.S. manufacturing across sectors such as chip fabs, turbines, transformers, and steel would support the broader AI ecosystem and other industries. He clarified that the proposed tax credit is distinct from loan guarantees sought by OpenAI.

Earlier this week, Altman revealed that OpenAI had engaged in discussions with the U.S. government about potential federal loan guarantees to encourage the construction of semiconductor facilities, though not data centers. He also disclosed that OpenAI plans to invest $1.4 trillion over the next eight years to develop computational infrastructure needed to meet the rapidly growing demand for AI technology.

This surge in demand, driven by widespread adoption of AI models like ChatGPT, has pushed major technology companies to expand data centers and develop more advanced chips. Despite these efforts, White House AI and crypto advisor David Sacks emphasized that the federal government does not intend to provide a bailout for the AI industry.

Disclaimer: This image is taken from Reuters.