Donald Trump's sudden decision last week to attack the bipartisan CHIPS and Science Act after he previously offered assurances that he wouldn't has sent shockwaves across the industry and has even ...

President Donald Trump on Tuesday called on Congress to repeal the CHIPS Act and its subsidies for chipmakers who build manufacturing facilities in the U.S., citing Taiwan Semiconductor ...

The president’s attack on the key tenet of the Biden administration’s industrial policy has set off concerns that he may claw back its funding. By Tripp Mickle and Ana Swanson Tripp Mickle and ...

His remarks were met with applause in a chamber that passed the Chips and Science Act less than three years ago. Vice President JD Vance, whose home state of Ohio won a massive Intel project ...

With the Chips Act, the US gave a $6 billion grant to TSMC and received a pledge to invest $65 billion, he said. “So America gave TSMC 10% of the money to build here,” Lutnick said at the event.