Trump Administration Reviews CHIPS Act Awards, Delays Possible

The White House is reassessing semiconductor subsidy agreements, raising concerns about changes to funding conditions and timelines.

The Trump administration is reviewing the CHIPS and Science Act subsidy agreements established under the Biden administration, potentially renegotiating terms and delaying disbursements.
GlobalWafers, a recipient of $406 million in CHIPS Act grants, stated it has not yet been notified of any changes but acknowledged potential impacts on future investments if modifications occur.
Key concerns for the White House include provisions requiring unionized labor, affordable childcare for workers, and overseas expansion plans by recipients like Intel in China.
The CHIPS Act, signed into law in 2022, allocated $39 billion to boost U.S. semiconductor production, with recipients required to meet specific milestones to access funds.
No formal announcements on policy changes have been made, leaving the extent of potential renegotiations and their impact uncertain.