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What changes to the CHIPS act could mean for AI growth and consumers

President Donald Trump intends to alter federal contracts with chipmakers and impose tariffs on the semiconductor industry, which may impede technological growth in artificial intelligence.
The CHIPS and Science Act provided $30 billion for chip production projects, creating 115,000 jobs and aiming for 30% of global advanced chip production.
Trump has indicated that to avoid tariffs, companies must build chip plants in the U.S. Without government assistance, raising concern among industry stakeholders.
Experts warn that Trump's tariffs could raise consumer prices for goods relying on semiconductors and hamper U.S. Competitiveness in AI development.

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Time Magazine

What Changes to the CHIPS Act Could Mean for AI Growth

LOS ANGELES — Even as he’s vowed to push the United States ahead in artificial intelligence research, President Donald Trump’s threats to alter federal government contracts with chipmakers and slap new tariffs on the semiconductor industry may put new speed bumps in front of the tech industry. Since taking office, Trump has said he would place tariffs on foreign production of computer chips and semiconductors in order to return chip manufacturin…

7 days ago·United States

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Associated Press News

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What changes to the CHIPS act could mean for AI growth and consumers

President Donald Trump has threatened tariffs on semiconductors, arguing that production must be returned to the United States. But the president has also criticized a sweeping Biden-era law designed to

7 days ago·United States

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Finance & Commerce

Changes to CHIPS Act could harm AI growth and consumers

President Donald Trump’s threat to end the CHIPS Act could harm consumers and hamstring the U.S. competitive edge in developing chips.

6 days ago

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HD Tecnología

Donald Trump proposes changes to the CHIPS Act that concern large semiconductor companies

News from HD Tecnología. Visit www.hd-tecnologia.com for the latest news. Donald Trump’s administration is reviewing the agreements of the CHIPS and Science Act of 2022, which could bring about changes in the distribution of funds destined for the semiconductor industry. This measure seeks to align subsidies with the new industrial policies of the White House, which has generated doubts among the beneficiary companies. Some companies have alread…

6 days ago

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tech360tv

Trump Administration's Proposed Changes to CHIPS Act Could Impact AI Growth and Consumers

President Donald Trump's recent threats to alter federal government contracts with chipmakers and impose new tariffs on the semiconductor industry have raised concerns about the potential impact on the tech sector's growth, particularly in artificial intelligence (AI) research. Trump's proposed measures, including tariffs on foreign chip production and potential changes to the CHIPS and Science Act, could introduce obstacles for the industry's a…

7 days ago

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