Although the president has said he wants to “get rid of” the act, Rep. Michael McCaul and Sen. John Cornyn say it supports ...
Wolfspeed (NYSE:WOLF) shares crashed more than 40% on Friday amid speculation that the Durham, N.C.-based silicon carbide supplier has lost access to its CHIPs Act funding. Wolfspeed did not ...
US President Donald Trump recently threatened to abolish the CHIPS Act, but IntelliEPI chairman Yung-Chung Kao stated that ...
Wolfspeed is waiting on about $750 million in federal funding under the U.S. CHIPS Act, the 2022 bipartisan law which promised $52.7 billion in subsidies for domestic semiconductor chips ...
President Trump called for the repeal of the CHIPS Act in his March 4 address to Congress, raising questions about the security of hundreds of millions of dollars in funding for military ...
Donald Trump has continued his call for Congress to dismantle the CHIPS and Science Act, a 2022 law passed with a bipartisan vote that the Republican president recently described as a “horrible ...
Most notably, the Departments of Defense and Commerce awarded Intel Corp. up to $3 billion in CHIPS Act funding to expand domestic manufacturing of advanced semiconductors, strengthening the U ...