T1 Energy Inc. (NYSE:TE) saw a 15.29 percent increase in share prices last week, hitting a two-year high. The company repaid debt to Trina Solar, reducing foreign ownership to comply with the One Big Beautiful Bill Act. TE also amended its certificate of incorporation to limit foreign ownership.

The OBBBA restricts companies with excessive foreign ownership from receiving certain tax credits, particularly from prohibited foreign entities like China, North Korea, Russia, and Iran. Tax credits received by eligible companies cannot be sold or transferred to prohibited foreign entities. TE amended its certificate of incorporation to comply with these regulations.

Headquartered in Austin, Texas, T1 Energy Inc. (NYSE:TE) focuses on developing domestic solar and battery supply chains in the US. It operates a modern solar module plant in Wilmer. Investors looking for AI stocks with high returns and limited risk may find better opportunities than TE.

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Read more at Yahoo Finance: T1 Energy (TE) Rockets 15% on 2026 Tax Credits