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Trump announces semiconductor chip tariffs on foreign electronics

WASHINGTON – President Trump said on Sunday he would announce tariff rates on imported semiconductors next week, adding that some companies in the sector are flexible. The president’s pledge means that the exclusion of smartphones and computers from his mutual tariffs on China is likely to be short-lived as Trump tries to reset trade in […]

Texas Instruments awarded $1.6B to build semiconductor plants

Texas Instruments will receive up to $1.6 billion in funding from the CHIPS/Science Act to build three semiconductor factories in Texas and Utah, the company announced Friday. The funding will be used to build two new manufacturing plants in Sherman, Texas, and a third plant in Lehi, Utah. “The historic CHIPS Act will expand semiconductor […]

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

The Biden administration announced Thursday that it has reached a preliminary agreement with Idaho-based semiconductor manufacturing company Micron, the latest in a series of investments under the bipartisan CHIPS and Science Act. President Biden is scheduled to visit Syracuse, New York, on Thursday to tout the benefits of the agreement with Micron, which includes up […]

Biden announces deal with Taiwan-based semiconductor manufacturer for US investments

The Biden administration announced Monday that it has signed a multimillion-dollar agreement with a Taiwan-based semiconductor manufacturer to help build facilities in the United States, including in Arizona. The government announced that it has reached a preliminary agreement with Hsinchu-based Taiwan Semiconductor Manufacturing Company for funding through CHIPS and the Science Act. Biden said in […]

Biden’s major semiconductor push is quietly riddled with DEI initiatives

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Biden announces major semiconductor deal with Intel to invest in four states

President Biden on Thursday will tout an agreement with Intel that will provide up to $8.5 billion to ramp up semiconductor manufacturing and expand the company’s operations in four states, the latest big deal from the bipartisan CHIPS/Science Act. It becomes an investment. Mr. Biden is scheduled to travel to Chandler, Arizona, and visit Intel’s […]