Reported about 21 hours ago
During a recent address to Congress, President Trump criticized the CHIPS Act, calling it a 'horrible thing' and suggesting that funds should be redirected to reduce debt. Despite his remarks, insiders indicate there's no current plan to repeal the bipartisan legislation, which aims to boost U.S. chip manufacturing—a crucial sector that has seen significant investment since its inception in 2022, particularly to counter global supply chain issues exacerbated by the pandemic.
Source: YAHOO