· 4d · on MSN
As Trump calls for axing CHIPS Act, Husted said bipartisan support remains for subsidy
Trump calls for end to CHIPS Act in address to Congress
President Donald Trump urged lawmakers to repeal the CHIPS Act in his address to a joint session of Congress, arguing that tariffs are enough of an incentive for chipmakers.
· 3d
Republican senators show little interest in scrapping CHIPS Act, despite Trump's call
President Donald Trump said lawmakers should get rid of the 2022 CHIPS Act that paved the way for Intel to announce the building of two Ohio plants.
Intel Corp. investors appear to now be discounting recent speculation that the chip giant could be split in two as part of any sort of big merger deal. After Broadcom Inc. Chief Executive Hock Tan told analysts late Thursday on the company’s earnings call that he was “too busy” to pursue any mergers and acquisitions,
Thanks to the bipartisan CHIPS Act, tech giant Intel chose to invest billions in Ohio to develop a massive semiconductor manufacturing plant.
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