Chipmakers discuss Trump attack on the CHIPS Act; TSMC response unclear

President Trump last month attacked the bipartisan CHIPS Act, seeking to dismantle it, and a new reports says that the White House now appears to have started work on doing so. A chipmaker’s industry association – whose members include TSMC – held a call in which they expressed concerns about the impact on their plans for new US plants … ‘Made in America’ Apple chips Apple first announced its plan for ‘Made in America’ chips back in 2022, with the news hailed as one of the success stories of the US CHIPS Act. This is a government subsidy program intended to free the US from dependence on foreign countries for advanced chip supplies and to generate jobs for US workers. The initiative will see a series of TSMC chipmaking plants built in Arizona, with some of the production reserved for Apple chips for older devices. Mass production is expected to begin soon at the first of these plants. Trump’s attacks on the CHIPS Act We noted last month that Trump is unhappy with the deal, and ha ... Read full article.