Trump Won't Repeal CHIPS Act
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American chip maker IntelCNBC
•Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say
77% Informative
CHIPS Act provides incentives for chipmakers to set up manufacturing in the U.S. It became a point of contention in the final month of the election cycle.
Analysts say Trump probably won't try to roll back the bill beyond making some modifications to its implementation.
Biden administration signed the bipartisan bill in August 2022 , committing almost $53 billion to invest in domestic semiconductor manufacturing and research.
VR Score
82
Informative language
82
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51
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