The incoming administration’s tariffs and CHIPS Act pushback has created uncertainty for semiconductor manufacturers. Molly Burgess looks at the latest developments
In an address to US Congress in early March, freshly installed second-term US President Donald Trump harshly criticized the US CHIPS Act, which authorizes $52.67bn to build semiconductor capacity, calling it “a horrible, horrible thing.”
His comments came shortly after Taiwanese semiconductor foundry TSMC had announced an additional $100bn investment in three new fabs – two advanced packaging fabs, and a research and development center in Arizona – taking its overall investment in the state to $165bn.
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