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CHIPS Act
Trends
- 1Trump targets unallocated CHIPS Act funds, pivots to tariffs●Trump targets unallocated CHIPS Act funds,pivoting to tariffs. TSMC kept its $6.6B grant,but tariff threats raised its U
The Trump administration is moving to repurpose unallocated CHIPS Act funds, favoring tariff pressure over direct subsidies to force chipmakers to build in the United States. TSMC retained its $6.6 billion award, but tariff threats have led it to raise its planned US investment from $65 billion to more than $165 billion. Critics note tariffs build manufacturing capacity far more slowly than subsidies and shift reshoring costs onto private capital.