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CHIPS Act
Trends
- 1Trump pivots from CHIPS Act funds to tariff pressure●Trump targets unallocated CHIPS Act funds,pivoting to tariffs. TSMC kept its $6.6B grant,but tariff threats raised its U
Donald Trump is moving to repurpose unallocated CHIPS Act funds, favoring tariffs over direct subsidies to push chipmaking back to the US. TSMC retained its $6.6 billion grant, but tariff threats pushed its American investment pledge from $65 billion to over $165 billion. Analysts note the approach shifts reshoring costs onto private capital and that tariffs build manufacturing capacity far more slowly than direct subsidies would.