President Trump wants to kill $52 billion CHIPS Act

Trump looks to kill CHIPS Act while celebrating TSMC investment
Touting the $100 billion expansion Taiwan Semiconductor Manufacturing Co. announced on Monday, President Donald Trump boasted that he’d lured the chipmaker not with subsidies
Trump wants to kill the CHIPS Act, saying tariff threat prompted TSMC’s new $100 billion bet
President Donald Trump wants to kill the CHIPS Act, which provides $6.6 billion in federal subsidies for TSMC's $65 billion Phoenix semiconductor fabrication complex. He claimed that TSMC has not received money from the program,
President Trump wants to kill the $52 billion CHIPS Act: 'a horrible, horrible thing'
"Your CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it," went Trump's speech to Congress. "You should get rid of the CHIPS Act and whatever is left over, Mr. Speaker, you should use it to reduce debt."
Trump urges Congress to kill CHIPS act, casting doubt on NY funding
President points to TSMC announcing $100 billion expansion of Arizona plans earlier this week as proof that threat of tarrifs motivates more than subsidies
Will U.S. cancel funds for NY microchip plants? Trump urges Congress to kill CHIPS Act
GlobalFoundries, a chip maker based in Saratoga County, is slated to get one of the largest CHIPS Act grants to expand its Malta operation.
Indiana Congressmen react to President Trump’s call to ‘get rid of’ the CHIPS and Science Act
In June 2024, President Donald Trump told supporters at a campaign rally, "As president, I will not cut one penny from Social Security or Medicare." "I will not cut one penny from Social Security or Medicare,
AI Around The World – TSMC Pumps More Money Into U.S. Operations
News of more investment from the top chip manufacturer is exciting for Americans – but how about international competitors?
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to ...
Trump Calls for CHIPS Act Repeal, Slams ‘Horrible’ Subsidies
The president’s comments are on the heels of Taiwanese chipmaker TSMC committing $165 billion to U.S. facilities.
Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?
President Trump made no bones about his distaste for the U.S. Chips Act during his congressional address Tuesday night — ...
Trump calls for end to CHIPS Act in address to Congress
President Donald Trump urged lawmakers to repeal the CHIPS Act in his address to a joint session of Congress, arguing that ...
TSMC pledges to spend $100B on US chip facilities
In a joint announcement with the Trump Administration, TSMC pledged to spend $100 billion on chip facilities in the U.S.
TSMC to invest $100B as Trump demands more US-made chips, report says
Striking a four-year deal with President Donald Trump, the Taiwan Semiconductor Manufacturing Co. (TSMC) plans to invest $100 ...
Trump and TSMC announce $100 billion plan to build five new US factories
Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building ...
Intel, TSMC, Broadcom Stocks Rise. Trump’s Call to End Chips Act Isn’t Fazing Them.
Trump is against using tax credits to encourage chip production in the U.S., but semiconductor makers don't seem to mind.