It looks like the U.S. government has decided to get behind the semiconductor industry, offering up a more than $50 billion bill to boost semiconductor production. The legislation is part of a Chinese competition act, looking to incentivize semiconductor production within the U.S. and decrease dependence on Asia-based manufacturers.

After the Senate, the bill will go to the House and then to the President. The tax breaks and incentives are supposed to encourage the construction of production plants based in the U.S. for the semiconductor industry.

Who wouldn’t like this? No more chip shortages? We might finally get Playstation 5 gaming consoles in stores more regularly. Automotive companies like Ford (F), General Motors (GM), and Tesla (TSLA) would love to get their hands on chips faster, right?

But there’s a catch… There’s no such thing as free money.

Companies like Advanced Micro Devices (AMD), Qualcomm (QCOM), and Nvidia (NVDA) design chips, but have other partners involved in the manufacturing process, therefore they would not benefit as much.

So who are the companies that are most likely to benefit from this windfall?

Keep reading and we’ll go over the companies you need to know about in the semiconductor industry, including one that could see a $30 billion check coming their way.

If this bill keeps going, you’ll want to keep your eye on Intel (INTC), Micron (MU), and Texas Instruments (TXN). Each of these companies manufactures their own chips so they would benefit from this bill as well as the FABS Act, which includes tax credits for investment in semiconductor fabrication, like purchasing tools that go into the factory.

That’s right, you could see one of these companies walk away with $20 billion from CHIPS and another $10 billion from FABS, for a combined payout of $30 billion.

We don’t know the exact amount that would go to each company, but we do know that Intel (INTC) already announced a plan in January to invest $20 billion to build two chip factories in Ohio. INTC could then see another $10+ billion from the FABS Act, which offers a 25% discount on the fabrication costs for anything needed to be built within these factories.

We’re still in a bear market, even though it may not seem that way since INTC has gained over 10% since July 5th. There’s some resistance at $45, but that’s still another 12% away. Before we get there, I would not be surprised to see a pullback here and it could certainly fall apart if the bill fails, but this is a stock that I’ll be following.

As much fun as it is to speculate and look at a chart and make some trades, that can easily lead to haphazard results. The emotional swings of the market can prevent you from achieving your goals.

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Keep your eye on the jobless claims in the morning. Otherwise, let’s see if this bullish rally has more legs.