Overview

• President Trump signed an executive order establishing the United States Investment Accelerator to oversee the CHIPS Act and maximize taxpayer benefits.
• Commerce Secretary Howard Lutnick has reportedly suggested withholding grants unless companies significantly expand their U.S. semiconductor projects.
• Taiwan Semiconductor Manufacturing Company (TSMC) has committed an additional $100 billion to its U.S. operations, increasing its total investment to $165 billion.
• Intel has delayed the completion of its $28 billion Ohio semiconductor plant to 2030, citing challenges in the CHIPS Act funding process.
• The Trump administration's approach has introduced uncertainty in the semiconductor industry, with stricter conditions for funding and a focus on reducing regulatory burdens.