President-elect Donald Trump is unlikely to repeal the CHIPS and Science Act, experts say, despite his criticism. The Act, signed by Biden, dedicates $53 billion to U.S. semiconductor manufacturing. Trump might modify its priorities but is expected to keep it intact. The law has attracted chipmakers like TSMC and Samsung, with Intel receiving the largest funding at $8.5 billion.
President-elect Donald Trump is unlikely to repeal the CHIPS and Science Act, experts say, despite his criticism. The Act, signed by Biden, dedicates $53 billion to U.S. semiconductor manufacturing. Trump might modify its priorities but is expected to keep it intact. The law has attracted chipmakers like TSMC and Samsung, with Intel receiving the largest funding at $8.5 billion.