2025-02-14
Trump administration reportedly eyes renegotiating CHIPS Act awards
The recipients of the US government's CHIPS and Science Act awards may not get the amount that they were initially promised. According to Reuters, the Trump administration is looking to assess and change the CHIPS Act's current requirements. After that, it's set to renegotiate some of the deals awarded by the Biden administration. It has also indicated a delay in some of the disbursements that are already scheduled, Reuters said. A spokesperson for Taiwan-based GlobalWafers said the company was notified by the program's office that CHIPS Act policies are under review because certain conditions do not align with Trump's executiv [...]
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2025-08-22
Trump administration official says some CHIPS Act companies won't need to give up equity
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]
2025-08-22
The US government is taking an $8.9 billion stake in Intel
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]
2025-08-30
The US government drops its CHIPS Act requirements for Intel
Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to th [...]
2025-08-22
The US government is taking a 10 percent stake in Intel
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]
2025-09-17
China reportedly bans tech companies from buying NVIDIA's AI chips
The Cyberspace Administration of China (CAC) has reportedly banned the country's local tech companies from purchasing NVIDIA's newest AI chip made for the region. According to the Financial [...]