Mmastodon TechnologySemiconductors first seen 1 d ago, last 9 h ago, peak #4
Trump Targets Unallocated CHIPS Act Funds, Pivots to Tariffs
Original: 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 redirect unallocated CHIPS Act funds while relying on tariff threats rather than subsidies to push chipmaking onshore. TSMC retained its $6.6 billion federal grant, but pressure from tariff threats led it to raise its total US investment pledge from $65 billion to more than $165 billion. Commentators note this shifts reshoring costs onto private capital, though tariffs are seen as a far slower route to building semiconductor capacity than direct subsidies.
Why now: The administration's policy shift from subsidies to tariff leverage is reshaping major semiconductor investment plans like TSMC's expanded US pledge.
Donald TrumpTSMCCHIPS ActUnited States
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