#US #CHIPSAct Getting Scrapped By Trump Administration Now Looks Imminent; Over 80% of Staff Laid Off, Courtesy of #Elon’s #DOGE
The CHIPS Act, introduced under the Biden administration, was seen as the first step by the US to restore its status as the dominant #semiconductor country. The primary aim of the incentive was to bring chip production to the country, and with it, we saw the likes of #TSMC, #Intel, and many others opening up new facilities in the region.
https://wccftech.com/us-chips-act-getting-scrapped-by-trump-administration-looks-imminent/