The U.S. Government’s chips and science laws may not receive the amount they initially promised. according to ReutersThe Trump administration is looking to evaluate and change the current requirements of the chips law. After that, he was appointed to re -negotiate some of the deals granted by the Biden administration. He also indicated a delay in some of the already identified payments, Reuters He said. A Taiwan -based Globalwafers spokesman said that the company had been notified by the program office that the chips law policies are under review because some conditions are not in line with Trump’s executive orders. Globalwafers is one of the program prize that is scheduled to receive $ 406 million capabilities.
Former President Joe Biden The chips law signed In law in 2022 to enhance semiconductor production in the United States. While each prize has different landmarks they need to be achieved in order to obtain grants, the goal is to make them build a new asset and upgrade those in the country. According to what the Trump administration was interested in many of the requirements of the previous administration of the recipient. The sources of the news organization, including the requirements for the use of trade union workers when building factories and providing factory workers with affordable children, include the sentences that have been added to contracts by the Biden team. Also, the White House is not happy because some companies, such as Intel, announced the expansion plans in China after selecting them as a recipient.
The United States government has not officially announced any changes in the policies of the chips law, so it has not yet been clear how much its company will be affected. Bloomberg Last year, the Biden administration rushed to the completion of deals with the beneficiaries after Donald Trump’s victory in the presidential elections. Trump criticized the voice of the program in the past, She described it “bad” And she argues that increasing customs tariffs will attract chips companies without the government to grant any grants.
This article was originally appeared on Engadget on https://www.engadget.com/computing/trump-dministration-reportly-eyes-renegotiating-chips-ACT-AWARDS-143035924.html?
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