See every side of every news story
Published loading...Updated

How Trump could potentially claw back CHIPS funding

  • Donald Trump criticized the CHIPS Act during a recent speech, calling it a 'horrible, horrible thing' and suggesting it should be eliminated.
  • As a result of Trump's remarks, chip company executives began consulting lawyers to explore potential options for clawing back funding and terminating contracts.
  • The CHIPS Act, signed by Joe Biden in 2022, aimed to strengthen U.S. Semiconductor manufacturing with $52.7 billion in funding.
  • Some Republican lawmakers expressed confusion over Trump's position and its implications for national security and bipartisan efforts in Washington.
Insights by Ground AI
Does this summary seem wrong?

18 Articles

All
Left
2
Center
2
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

PressNewsAgency broke the news in on Monday, March 10, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.