Technology and Science

Name: Trump Admin. Renegotiating Biden-Era CHIPS Act Grants to Semiconductor Firms
Uploaded: 2025-06-05T08:02:59Z
Duration: 51 s
Description: U.S. President Donald Trump’s administration is renegotiating some of the Biden-era grants to semiconductor firms, suggesting some awards may be cut. U.S. Commerce Secretary Howard Lutnick pointed to Taiwanese semiconductor giant TSMC’s increased investment in the U.S. as an example of successful renegotiation. TSMC declined to comment on the statement.

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Technology and Science

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Trump Admin. Renegotiating Biden-Era CHIPS Act Grants to Semiconductor Firms