TIAN RUIXIANG Holdings Ltd - Class A Ordinary Shares (TIRX)

The CHIPS and Science Act, a landmark $280 billion initiative, is designed to bolster domestic semiconductor manufacturing, strengthen supply chain resilience, and advance technologies critical to national security. Peraso Inc. (NASDAQ: PRSO), whose fixed wireless access (FWA) solutions rely on cutting-edge semiconductors, stands to benefit significantly from this federal initiative.

Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) is one of today’s top gainers. The company’s shares are currently up 103.21% on the day to $4.43.