Trump may renege on CHIPS Act, jeopardizing plans for Apple chips in the US
TSMC agreed to build a series of chip plants in the US, with Apple a key customer, using subsidies provided by the bipartisan CHIPS Act. Trump has now called the Act “ridiculous” and wants to renege on the promised funding.
If he followed through on the threat, it could throw into doubt the viability of the US chipmaking plants, and lead to cancellation of TSMC’s expansion plans …
