The U.S. cannot let the CHIPS program that has been so revolutionary for Texas job creators fall by the wayside.
President Donald Trump previously criticized the CHIPS and Science Act, leading to speculation over whether the law could be repealed or tweaked under the new administration.
Donald Trump and his backers were hardly fans of the Biden administration's CHIPS and Science Act during the election campaign, yet the next U.S. government does not plan to reverse it. At least, that's the impression the next U.S. Commerce Secretary, Howard Lutnick, gave to outgoing Secretary Gina Raimondo, Bloomberg reports.
Will Trump scrap the incentives offered to foreign firms like TSMC under the CHIPS Act – while upping the pressure for Taiwan to invest in the United States?
TSMC has been promised $6.6 billion under the Biden-administration’s CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.
A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of semico
Experts say regardless of the US president’s latest manoeuvres, a hanging sword dangles over the US-China trade war that is expected to intensify, with semiconductor microchips in the crosshairs.
Trump's America-first philosophy and penchant for deregulation will shape the AI landscape in the years to come.
It’s not even Inauguration Day yet, but Donald Trump is making headlines across the financial world. Friday night he launched a meme coin – $TRUMP – that quickly skyrocketed to a fully diluted valuation of $75 billion.
Indeed Trump has already claimed an investment win, announcing earlier this month that UAE property firm Damac is to invest billions of dollars into developing data centers in the US. Damac says it intends to construct 2GW of data center capacity over the next four years.
Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets.
The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.