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Chips, Act and Trump
Trump’s Funding Freeze Risks Hitting Chips Act If It Proceeds
A federal funding freeze ordered by the Trump administration — currently blocked by a federal judge — could roil a $52 billion semiconductor subsidy program if it’s allowed to proceed, according to people familiar with the matter.
CHIPS Act funding at risk under Trump’s spending freeze
Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm families and economic growth. Companies like GlobalFoundries and Micron, major CHIPS Act beneficiaries, are reviewing the order’s implications.
CHIPS Act grant recipients wary about Trump funding freeze
Supporters of the CHIPS and Science Act, the $52 billion program designed to “reshore” the U.S. computer chip industry, reacted warily to President Donald Trump’s executive order freezing all federal grants and loans until a spending review can be done.
Federal funding freeze put CHIPs Act grants in 'limbo,' but likely to survive: BofA (update)
The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in "limbo," even if they are "likely to survive," Bank of America said. "Over $33.
1d
on MSN
Lutnick Pledges Chips Act Review, Demurs on Honoring Contracts
President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...
3d
Trump says he’ll put tariffs on imported chips ‘in the near future’
He joined The Verge in 2021 after several years covering news at Engadget. Without going into detail about what might happen ...
13d
Arizona led the nation in CHIPS Act investments under Biden
Arizona has benefitted under the Biden Administration's oversight of the CHIPS Act, landing large federal grants, corporate ...
2d
Trump plans to impose up to 100% tariffs on foreign-made chips
President Donald Trump has stated that he plans to impose tariffs as high as 100% on semiconductors made outside the U.S.
11d
TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge ...
Yahoo
12d
Trump administration will back CHIPS and Science Act hints outgoing Commerce Secretary
Donald Trump and his backers were hardly fans of the Biden administration's
CHIPS
and Science
Act
during the election ...
14h
US Looking Into Whether DeepSeek Used Restricted AI Chips, Source Says
China's DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of U.S. models. Within ...
2d
on MSN
Trump's threat of Taiwan chip tariffs could give Nvidia a fresh headache after DeepSeek
President Donald Trump has threatened to impose tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest ...
3d
Trump calls for tariffs on computer chips, semiconductors and pharmaceuticals from Taiwan
Donald Trump called for tariffs on foreign computer chips, semiconductors, and pharmaceuticals from places like Taiwan in the ...
10h
on MSN
Former Nebraska Congressman Brad Ashford honored at VA clinic he helped build
Former and the late c Thursday. Ashford was recognized for his work with veterans including the passing of the CHIP IN for ...
1d
Lutnick offers mild support for CHIPS Act during Senate hearing
The Commerce Secretary nominee called the law “necessary and important,” but stopped short of committing to honor the ...
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