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

Science and Technology Science and Technology

Fri, February 14, 2025

[ Fri, Feb 14th ] - WOPRAI

As of Feb 14th, 2025, there has been substantial .. ing of Blockchain Loyalty Corp. in recent trading

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

^{Published on 2025-02-13 15:22:18 - Reuters}

The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters.

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/ ]

N@N

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