GlobalWafers expressed confidence in the continuation of the CHIPS and Science Act under the incoming Trump administration, stating, "Multi-year and decadal programs like the CHIPS Act and the agreements we have signed are regularly continued from one administration to the next." This comment underscores the expectation for stability and commitment to semiconductor manufacturing investment in the U.S., despite shifts in political leadership.
The article points out that while GlobalWafers is optimistic, other firms like Samsung Electronics and SK hynix are closely monitoring potential changes to the CHIPS Act. It highlights the uncertainty facing these companies, noting that "three deals were reported to Congress as being close to finality," suggesting an eagerness for clarity amid political change.
On the Malaysian front, the decision to guarantee premium wages aims to make local jobs more competitive against potential cross-border employment in Singapore. The Johor datacenter hub will see minimum premiums of RM4000 for diploma holders and RM5000 for degree holders, addressing labor shortage issues in the Johor-Singapore Special Economic Zone.
The Commerce Department's allocation of over 90 percent of the $39 billion in incentives reflects a rapid deployment of funds under the 2022 CHIPS Act. Observers are noting this pace might suggest an awareness of the political landscape and the urgency in securing semiconductor manufacturing capabilities in the U.S.
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