News Republican senators show little interest in scrapping CHIPS Act, despite Trump's call

[Admin]

Trump pushes Republicans to repeal CHIPS Act, but lawmakers are reluctant citing economic impact and legislative hurdles.

Republican senators show little interest in scrapping CHIPS Act, despite Trump's call : Read more

 

[Pierce2623]

So dude wants cement US leadership in AI by repealing the money to stimulate building chips inside the US? That’s just dumb

 

[logainofhades]

So dude wants cement US leadership in AI by repealing the money to stimulate building chips inside the US? That’s just dumb

Given the investments that have been recently announced by chip makers, to avoid tarrifs, I am not sure the CHIPS act is even necessary. TSMC is investing $100 billion alone.

 

[Pierce2623]

Given the investments that have been recently announced by chip makers, to avoid tarrifs, I am not sure the CHIPS act is even necessary. TSMC is investing $100 billion alone.

TSMC also greatly increased their investment in the US once it became clear they were eligible for CHIPs act money.

 

[helper800]

Given the investments that have been recently announced by chip makers, to avoid tarrifs, I am not sure the CHIPS act is even necessary. TSMC is investing $100 billion alone.

Thats making the large assumption that TSMC wasn't going to make such an investment anyways. To say that the investment is because of the tariffs is, as far as I can tell, premature at best.

 

[King_V]

Given the investments that have been recently announced by chip makers, to avoid tarrifs, I am not sure the CHIPS act is even necessary. TSMC is investing $100 billion alone.

But, if I'm not mistaken, tariffs can be avoided by building in a country that Trump isn't threatening, not necessarily building in the US.