The Biden administration's CHIPS and Science Act, aimed at boosting US semiconductor production, faces scrutiny from the Trump administration, which seeks to alter its requirements. Certain grants, including $406 million for GlobalWafers, may be renegotiated or delayed due to misalignments with Trump's executive orders, particularly concerning labor and childcare provisions. Furthermore, concerns have emerged over companies like Intel expanding operations in China post-award. As of now, no formal changes have been announced by the US government regarding the CHIPS Act.
The Trump administration is looking to assess and change the CHIPS Act's current requirements, potentially renegotiating deals awarded by the Biden administration.
GlobalWafers, one awardee, faces a review of CHIPS Act policies, revealing tensions between the administrations regarding labor and investment conditions.
#chips-act #semiconductor-industry #us-government-policy #trump-administration #biden-administration
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