Exclusive: Trump prepares to change US CHIPS Act conditions, sources say

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Exclusive: Trump prepares to change US CHIPS Act conditions, sources say

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Exclusive: Trump prepares to change US CHIPS Act conditions, sources say

//science-technology.news-articles.net/content/2 .. -change-us-chips-act-conditions-sources-say.html

Published in Science and Technology on Thursday, February 13th 2025 at 15:22 GMT by Reuters

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

According to a Reuters article published on February 13, 2025, former President Donald Trump is preparing to alter the conditions of the U.S. CHIPS Act if he wins the upcoming election. Sources indicate that Trump aims to modify the $52 billion program, which was designed to boost domestic semiconductor production, by potentially reducing or eliminating certain funding conditions related to environmental, labor, and child care requirements. These changes are part of Trump's broader policy to reduce what he perceives as unnecessary regulations and to make the U.S. more competitive in the global semiconductor market. The proposed changes have sparked concerns among some industry stakeholders and Democrats who argue that these conditions are crucial for ensuring fair labor practices and environmental sustainability.

Read the Full Reuters Article at:
[ https://www.reuters.com/technology/trump-prepares-change-us-chips-act-conditions-sources-say-2025-02-13/ ]