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Recently, concerns have arisen that U.S. President Donald Trump might repeal the CHIPS and Science Act. According to a report from Liberty Times, citing Bloomberg, if the Trump administration revokes the CHIPS Act, the U.S. semiconductor market share could drop to single digits. As noted in the B...
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According to a report from Daily Tidings, Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities on the 3rd, citing weak financial performance caused by declining sales. As noted by the report, Microchip Technology's Gresham facility, Fab 4, employs appr...
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President Trump may not stop the $53 billion CHIPS Act outright, but his moves could slow fund distribution for U.S. chip fabs. Bloomberg and The Register report that the National Institute of Standards and Technology (NIST), under the Commerce Department, plans to cut up to 500 probationary staffer...
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While China plans to initiate anti-dumping and anti-subsidy investigations into U.S. tech companies as a countermeasure to U.S.’s tightening chip controls, Texas Instruments may be among the first firms to be targeted, according to EE Times China and ijiwei. Industry insiders cited by the repor...
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As Donald Trump assumes office on January 20, the $52 billion CHIPS and Science Act enters a critical stage under new leadership. Despite campaign criticism, Bloomberg reports that Howard Lutnick, Trump’s Commerce Secretary nominee, indicated to outgoing Secretary Gina Raimondo his plan to continu...