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.
President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...
The Commerce Secretary nominee called the law “necessary and important,” but stopped short of committing to honor the ...
He joined The Verge in 2021 after several years covering news at Engadget. Without going into detail about what might happen ...
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge ...
President Donald Trump’s pick for commerce secretary, Howard Lutnick, appeared to offer some passive support for the CHIPS and Science Act during his confirmation hearing on January 29. Trump has ...
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.
Joe Biden made several attempts to curb Chinese AI advancement, but DeepSeek's launch has put those policies into question.
Still, Lutnick signaled a commitment to the program overall. He told senators that the CHIPS Act is an “excellent down payment” and repeatedly emphasized the importance of revitalizing ...
Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of ...
President Donald Trump has threatened to impose tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest ...
6don MSNOpinion
The U.S. cannot let the CHIPS program that has been so revolutionary for Texas job creators fall by the wayside.
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