(Bloomberg) -- President Donald Trump called for ending a bipartisan $52 billion semiconductor subsidy program that’s spurred more than $400 billion in investments from companies like Taiwan ...
The 2022 CHIPS and Science Act was the United States’ most ambitious foray into industrial policy in more than half a century. The bill included roughly $50 billion to revitalize the U.S.
The US government has agreed to invest $150 million in chip-making technology startup xLight in exchange for an undisclosed ...
US President Donald Trump has called for an end to former President Joe Biden's $52 billion semiconductor subsidy program, he said during his Congress speech late Tuesday. "Your Chips Act is a ...
President Donald Trump has pulled execution of the CHIPS Act under a new entity overseen by Secretary of Commerce Howard Lutnick, who reportedly intends to take a tougher position on the program meant ...
Two-fifths of the staff of the U.S. Chips Program Office, responsible for managing the Chips and Science Act, have been laid off by the Trump administration. 60 total employees will be cut by the end ...
(Bloomberg) -- The US government office responsible for a marquee $52 billion chip subsidy program will lose about two-fifths of its staff as President Donald Trump slashes the federal workforce, ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.