WASHINGTON, D.C. — President Donald Trump told a joint session of Congress he wants to end the CHIPS Act.
Taiwan President Lai Ching-te is hailing a planned $100 billion investment in the U.S. by the Taiwan Semiconductor Manufacturing Corporation as “a historic moment for U.S-Taiwan relations,” adding that the move is not the result of pressure imposed by the U.S. government.
President Donald Trump is making Senate Republicans squirm with his call to end billions in funding for chip manufacturing in the United States. Trump’s request, made at his joint address to Congress on Tuesday night, prompted Sen. Todd Young (R-IN), a lead co-sponsor of the CHIPS and Science Act, to contact the White House “seeking clarity.”
From auto manufacturers to large technology companies, businesses are investing in production in the United States as the Trump administration continues to push its “America First” agenda with tariff threats.
China is producing twice as many research papers as the US on chip design and fabrication, laying the foundation for a possible leadership role in next-generation semiconductor technology, according to a US think tank.
President Donald Trump told a joint session of Congress he wants to end the CHIPS Act."Taiwan semiconductor, the biggest in the world, most p
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