What changes to the CHIPS act could mean for AI growth and consumers
1 month, 2 weeks ago

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

Associated Press  

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. In this photo released by the Taiwan Presidential Office, Taiwan’s President Lai Ching-te speaks at a press conference after a security meeting about U.S. President Trump’s tariffs on trade partners and semiconductors at the Presidential office in Taipei, Friday, Feb. 14, 2025. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print In this photo released by the Taiwan Presidential Office, Taiwan’s President Lai Ching-te speaks at a press conference after a security meeting about U.S. President Trump’s tariffs on trade partners and semiconductors at the Presidential office in Taipei, Friday, Feb. 14, 2025. That funding helped to draw in private capital and would enable the U.S. to produce 30% of the world’s most advanced computer chips, up from 0% when the Biden-Harris administration succeeded Trump’s first term. “I can’t see anybody benefiting from this except for those countries who jump on the bandwagon competitively and say, ‘You know what, we’re going to introduce something like the CHIPS Act.’” Broadly based tariffs would be a shot in the foot of the U.S. economy, said Brett House, a professor of professional practice at Columbia Business School.

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History of this topic

Nvidia chief confident chip maker can weather US tariffs
1 week, 5 days ago

Nvidia chief confident chip maker can weather US tariffs

Raw Story  

Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence chip giant can handle US President Donald Trump's trade war. "We have a really agile network of suppliers; they are not just in Taiwan or Mexico or Vietnam," Huang said while meeting with journalists at Nvidia's annual developers conference in San Jose, California. Trump has threatened to slap extra …

Biden’s Chips Act may not be the ‘horrible, horrible thing’ Trump wants US to believe
3 weeks, 3 days ago

Biden’s Chips Act may not be the ‘horrible, horrible thing’ Trump wants US to believe

Firstpost  

The impact of the act has been phenomenal. Even companies not receiving government funding are benefiting from a growing semiconductor ecosystem Former President Joe Biden and President Donald Trump in the Oval Office. AP File President Donald Trump wants to make the US a global semiconductor manufacturing hub, with overreliance on one of his favourite geopolitical tools: Tariffs. The Chips …

Donald Trump wants to abolish $52.7 billion in federal funding for semiconductor industry: All you need to know
3 weeks, 5 days ago

Donald Trump wants to abolish $52.7 billion in federal funding for semiconductor industry: All you need to know

Live Mint  

President Donald Trump plans to abolish the CHIPS Act, which provides $52.7 billion in semiconductor chip manufacturing and production subsidies and uses the proceeds to pay debt. The Creating Helpful Incentives to Produce Semiconductors and Science Act is a US federal law signed by former US President Joe Biden in August 2022 to boost the domestic semiconductor industry. Under the …

Trump wants to kill $52.7 billion semiconductor chips subsidy law
3 weeks, 6 days ago

Trump wants to kill $52.7 billion semiconductor chips subsidy law

The Hindu  

President Donald Trump said Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt. The CHIPS and Science law signed by then President Joe Biden in August 2022 included $39 billion in subsidies for U.S. semiconductor manufacturing and related …

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
Top News
4 weeks ago

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Associated Press  

WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. Trump, who appeared with TSMC’s chief executive officer C. C. Wei at the White House, called it a “tremendous move” and “a matter of economic security.” …

Semiconductor chips: Trump’s latest tariff threat could make your life a lot more expensive
1 month, 1 week ago

Semiconductor chips: Trump’s latest tariff threat could make your life a lot more expensive

CNN  

New York CNN — President Donald Trump is eyeing a “25% or higher” tariff on all semiconductor chips the United States imports, with rates likely to “go very substantially higher over a course of a year,” he told reporters on Tuesday. Given how dependent the US is on Taiwanese chips, especially advanced ones needed in newer electronics, a 25% tariff …

US lawmakers urge Trump to push for new curbs on NVIDIA's AI chips after DeepSeek fiasco
2 months ago

US lawmakers urge Trump to push for new curbs on NVIDIA's AI chips after DeepSeek fiasco

Firstpost  

DeepSeek’s latest AI model potentially benefiting from NVIDIA’s H20 chips, which are designed to comply with current US export rules unless lawmakers are now urging the Trump administration to revisit these controls As the US government considers new export restrictions on NVIDIA’s chips, the case of DeepSeek is likely to intensify the debate over China’s role in the AI race. …

Trump administration considers tighter curbs on Nvidia's H20 chip export to China: Report
2 months ago

Trump administration considers tighter curbs on Nvidia's H20 chip export to China: Report

Hindustan Times  

The Trump administration is now exploring additional curbs on the sale of Nvidia's H20 chips to China, according to a Bloomberg report. This also comes at a time when Chinese AI startup DeepSeek released its AI model which was developed at a fraction of the cost, compared to competitors like OpenAI, Google, and Meta. The H20 chip which can be …

Trump Vows To Put Tariffs On Computer Chips, Drugs, Steel And Aluminum
2 months ago

Trump Vows To Put Tariffs On Computer Chips, Drugs, Steel And Aluminum

Huff Post  

LOADING ERROR LOADING President Donald Trump said Monday he intended to put tariffs on a wide swath of products and basic materials in American life, a prospect that could lead to prices shooting higher for U.S. consumers. “In particular, in the very near future, we’re going to be placing tariffs on foreign production of computer chips, semiconductors and pharmaceuticals, to …

From chips to Stargate: Can India weather the storm of Trump's AI policy changes?
2 months, 1 week ago

From chips to Stargate: Can India weather the storm of Trump's AI policy changes?

Live Mint  

A succession of executive orders by the outgoing and the new presidents of the United States have left India’s artificial intelligence and semiconductor businesses and the nation’s policymakers worried. And on 21 January, newly sworn-in president Donald J Trump Jr announced Stargate, a company that Trump said will build “the largest AI infrastructure project in history… to power the next …

U.S. tightens controls on advanced chips to curb flow to China
2 months, 2 weeks ago

U.S. tightens controls on advanced chips to curb flow to China

The Hindu  

The United States unveiled further export controls Wednesday on advanced computing semiconductors, increasing due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions. "These rules will further target and strengthen our controls to help ensure that the PRC and others who seek to circumvent our laws and undermine U.S. national security fail …

Biden’s big semiconductor law will ramp up US chip production -- but at a high cost, report finds
2 months, 2 weeks ago

Biden’s big semiconductor law will ramp up US chip production -- but at a high cost, report finds

Associated Press  

WASHINGTON — A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. manufacturing of semiconductors and reduce the country’s reliance on foreign-made computer chips, will “sharply increase production’’ of semiconductors in the United States. The Peterson report notes that in passing the CHIPS Act Congress “did not consider alternative ways’’ of spending billions of dollars …

US controls on AI chips draw industry flak
2 months, 2 weeks ago

US controls on AI chips draw industry flak

China Daily  

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. While the administration frames the measures as "critical" to preserving US leadership in AI and semiconductor development, the new rule has triggered a furious backlash from the US semiconductor industry. "By pressuring other nations to choose between the United States and …

US controls on AI chips draw industry flak
2 months, 2 weeks ago

US controls on AI chips draw industry flak

China Daily  

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. While the administration frames the measures as "critical" to preserving US leadership in AI and semiconductor development, the new rule has triggered a furious backlash from the US semiconductor industry. "By pressuring other nations to choose between the United States and …

US announces restrictions on exporting AI chips: How the move can impact India and global tech industry
2 months, 2 weeks ago

US announces restrictions on exporting AI chips: How the move can impact India and global tech industry

India Today  

The United States has introduced sweeping new regulations limiting the export of artificial intelligence chips, tightening rules for companies like Nvidia, as it aims to curb China's technological advancements. National Security Advisor Jake Sullivan said in an official statement: “This rule ensures that the infrastructure for frontier AI systems remains in America or allied jurisdictions, preventing offshoring similar to what …

Biden administration proposes new curbs on advanced AI chips sale, Nvidia calls them ‘sweeping overreach’
Trending News
2 months, 2 weeks ago

Biden administration proposes new curbs on advanced AI chips sale, Nvidia calls them ‘sweeping overreach’

Live Mint  

The Joe Biden administration has unveiled sweeping curbs on the sale of advanced AI chips by semiconductor companies including Nvidia Corp. The new curbs will be placed on advanced graphics processing units, which are used to power data centers needed to train AI models. After the new rules come into effect, cloud service providers such as Microsoft, Google and Amazon …

U.S. proposes new rules on exporting AI chips, provoking industry pushback
2 months, 2 weeks ago

U.S. proposes new rules on exporting AI chips, provoking industry pushback

The Hindu  

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries. But the framework proposed Monday also raised concerns of chip industry executives who say the rules would limit access to …

White House unveils new AI chip sale limits amid industry opposition
2 months, 2 weeks ago

White House unveils new AI chip sale limits amid industry opposition

Hindustan Times  

The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition. “It ensures that the infrastructure for training frontier AI, the most exquisite AI systems at the frontier, happens either in America or …

Biden's administration proposes new rules on exporting AI chips, provoking an industry pushback
2 months, 2 weeks ago

Biden's administration proposes new rules on exporting AI chips, provoking an industry pushback

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. But the framework proposed Monday also raised concerns of …

Biden administration proposes new rules to tighten grip on AI chip flows
2 months, 2 weeks ago

Biden administration proposes new rules to tighten grip on AI chip flows

Al Jazeera  

Regulations would restrict access to AI chips for gaming and AI products and data centres in 120 countries. But the framework proposed Monday also raised concerns of chip industry executives who said the rules would limit access to existing chips used for video games and restrict in 120 countries the chips used for data centres and AI products. The framework …

NVIDIA slams Biden for new chip rules, says measures trying to ‘preempt’ Trump
2 months, 3 weeks ago

NVIDIA slams Biden for new chip rules, says measures trying to ‘preempt’ Trump

Firstpost  

NVIDIA’s vice president of government affairs, Ned Finkle, criticised the proposed rules, arguing that targeting mainstream AI chips under the guise of an anti-China policy is counterproductive Speaking at CES in Las Vegas, NVIDIA CEO Jensen Huang said he believes Trump’s administration could foster a faster-moving tech industry by cutting back on restrictions. Concerns over economic impact NVIDIA’s vice president …

'New AI chip restrictions' beyond China hurt US industry
3 months, 2 weeks ago

'New AI chip restrictions' beyond China hurt US industry

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. Global Times-The US is reportedly contemplating broadening its chip export restrictions beyond China to encompass additional nations. As Washington moves to limit China's access to advanced AI chips, it risks undermining the financial interests of American companies, many of which rely on global markets, including China, to …

U.S. chips are 'no longer safe,' Chinese industry bodies say in latest trade salvo
3 months, 4 weeks ago

U.S. chips are 'no longer safe,' Chinese industry bodies say in latest trade salvo

The Hindu  

Chinese companies should be wary of buying U.S. chips as they are "no longer safe" and buy locally instead, four of the country's top industry associations said on Tuesday in a rare coordinated response to Washington's curbs on Chinese chipmakers. The industry association warnings came after the United States on Monday launched its third crackdown in three years on China's …

Impending chip moves expose US hypocrisy again
Top News
4 months ago

Impending chip moves expose US hypocrisy again

China Daily  

A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, if taken, show the Biden administration is plowing ahead with …

Impending chip moves expose US hypocrisy again
Top News
4 months ago

Impending chip moves expose US hypocrisy again

China Daily  

A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, if taken, show the Biden administration is plowing ahead with …

Fearing Donald Trump’s sanctions, Chinese AI businesses scramble to stockpile US chips
4 months, 1 week ago

Fearing Donald Trump’s sanctions, Chinese AI businesses scramble to stockpile US chips

Firstpost  

China’s purchases of American semiconductors soared to $1.11 billion in October, a 60 per cent increase compared to the same period last year. Between January and October, chip imports from the US totalled $9.61 billion Trump’s return to the presidency has reignited concerns in China about expanded sanctions targeting its tech industry. Recent customs data reveals that China’s purchases of …

Raimondo’s urgent mission: Leave no cash for Trump
4 months, 1 week ago

Raimondo’s urgent mission: Leave no cash for Trump

Politico  

The effort to spend her department’s full CHIPS Act budget would put a capstone on a signature Biden economic policy. The Chips program is a key plank of Raimondo’s legacy at Commerce, which has morphed from something of a trade-promotion agency to one much more focused on national security under her watch. When Trump’s administration takes the reins — Trump …

The changing pecking order in semiconductors
4 months, 2 weeks ago

The changing pecking order in semiconductors

Live Mint  

NEW DELHI : Last week, Nvidia Corp., the world's largest artificial intelligence chipmaker, replaced Intel Corp., best known for computer processors, in the 30-share American benchmark share index. Nvidia's market value jumped from about $81 billion at the end of 2018 to $3.6 trillion now, making it the world’s most-valued company, ahead of Apple Inc., Microsoft Corp. and Google Llc. …

From AI to hardware costs: Enterprise tech leaders prepare for Trump 2.0
4 months, 2 weeks ago

From AI to hardware costs: Enterprise tech leaders prepare for Trump 2.0

Live Mint  

With President-elect Donald Trump preparing to take office, business technology leaders say they are bracing for immediate and long-term impacts from policies he will likely institute. “The way AI affects a CIO’s job is primarily around strategic planning," said Suvajit Basu, the former CIO of Goya Foods. “The real change will be to put AI regulation back in the hands …

TSMC to continue US investment plan after Trump’s election despite his stance against Chips act
4 months, 3 weeks ago

TSMC to continue US investment plan after Trump’s election despite his stance against Chips act

Firstpost  

Trump has criticised the Chips Act calling it a misguided giveaway to wealthy corporations. He has argued tariffs would have been a better way to encourage chip production in the US TSMC’s US arm has already bagged a preliminary $6.6 billion subsidy for its advanced semiconductor plant in Phoenix. The ambitious investment is part of efforts to strengthen semiconductor manufacturing …

House Speaker Johnson says GOP may try to repeal CHIPS Act, then rephrases
4 months, 4 weeks ago

House Speaker Johnson says GOP may try to repeal CHIPS Act, then rephrases

LA Times  

House Speaker Mike Johnson said Republicans “probably will” try to repeal legislation that spurred U.S. production of semiconductor chips, a statement he then backed away from. House Speaker Mike Johnson said Republicans “probably will” try to repeal legislation that spurred U.S. production of semiconductor chips, a statement he quickly tried to back away from, saying he would like to instead …

Trump panned the CHIPS Act. Harris is in Michigan promoting it
5 months ago

Trump panned the CHIPS Act. Harris is in Michigan promoting it

NPR  

Trump panned the CHIPS Act. Harris is in Michigan promoting it toggle caption Jacquelyn Martin/AP Vice President Harris toured a semiconductor plant in the swing state of Michigan on Monday to highlight big federal investments in manufacturing jobs that former President Donald Trump has recently panned. The investments come from the CHIPS and Science Act — a bipartisan bill that's …

How microchips became a political matter
6 months, 2 weeks ago

How microchips became a political matter

NPR  

How microchips became a political matter NPR's Ayesha Rascoe asks Chris Miller of Tufts University why semiconductors have become a political issue. MILLER: Well, it's now been over half a decade since the U.S. first imposed restrictions on the sale of chip-making equipment, as well as advanced chips to Chinese firms. And China is spending tens of billions of dollars …

The US CHIPS Act, 2 Years Later
7 months, 1 week ago

The US CHIPS Act, 2 Years Later

The Diplomat  

Chips – the tiny processors that underpin the electronic world – have major geopolitical significance. One measure of long-term success would be if the leading fabrication companies each make repeated investments in new, advanced U.S. facilities – even after the helpful government incentives of the CHIPS Act have run out. As the CHIPS Act’s R&D programs take shape, they should …

AI chip race: Fears grow of huge financial bubble
1 year, 1 month ago

AI chip race: Fears grow of huge financial bubble

The Hindu  

Published : Feb 22, 2024 15:43 IST - 4 MINS READ Sam Altman caused more than a stir in early February when he called for a $5 to 7 trillion global investment to produce more powerful chips for the next generation of artificial intelligence platforms. “It is an order of magnitude more than the entire chip industry has spent in …

U.S. tackles loopholes in curbs on AI chip exports to China
1 year, 5 months ago

U.S. tackles loopholes in curbs on AI chip exports to China

The Hindu  

The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration's upcoming actions to block more AI chip exports. The U.S. now plans to introduce new guidelines for AI chips that will restrict certain advanced datacenter AI chips that are not currently captured, …

Learning from the CHIPS Act of the U.S.
1 year, 7 months ago

Learning from the CHIPS Act of the U.S.

The Hindu  

The United States’ Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 completes one year as a law today. The schemes for manufacturing, assembly, displays and compound semiconductors have been assigned to an independent division called India Semiconductor Mission within a non-profit company set up by MeitY. While the committee is a good beginning, ensuring that the semiconductor …

'Competition 2.0' aims at unfair advantage
1 year, 9 months ago

'Competition 2.0' aims at unfair advantage

China Daily  

People shop at Lincoln Market in New York City on June 12. However, after the Chips and Science Act was signed by US President Joe Biden in August, the country is seeking to further decouple from China by introducing the "China Competition Bill 2.0" to curtail the flow of advanced technology to China. Last month, Senate Democratic leader Chuck Schumer …

EU nears deal on $47B law to boost computer chip production
1 year, 11 months ago

EU nears deal on $47B law to boost computer chip production

Associated Press  

LONDON — The European Union was closing in Tuesday on approval for a plan to ramp up semiconductor production as it seeks to wean itself off reliance on Asia for the tiny computer chips that control everything from cars to washing machines. The European Parliament and the bloc’s 27 member states struck an informal agreement for the 43 billion-euro Chips …

US Technological Dominance Is Not What It Used to Be
2 years ago

US Technological Dominance Is Not What It Used to Be

Wired  

With everyone so mesmerized by silver-tongued AI chatbots, it’s easy to forget that most flashy breakthroughs in science and technology depend on much less glamorous advances in the fundamentals of computing—new algorithms, different computer architectures, and novel silicon chips. But academics who study advances in computer science say in a new report that by many measures, the US lead in …

US govt to chip makers: Share profits if you want subsidies
2 years, 1 month ago

US govt to chip makers: Share profits if you want subsidies

Al Jazeera  

Newly released plan requires firms that want subsidies to share future profits with government and provide childcare for employees. United States President Joe Biden’s administration has said it will require companies winning funds from its $52bn semiconductor manufacturing and research programme to share excess profits and explain how they plan to provide employees with affordable childcare. Commerce also expects “upside …

Computer chip ban signals new era as Biden and Xi meet
2 years, 4 months ago

Computer chip ban signals new era as Biden and Xi meet

Associated Press  

WASHINGTON — The Biden administration’s move to block exports of advanced computer chips to China is signaling a new phase in relations between the globe’s two largest economies — one in which trade matters less than an increasingly heated competition to be the world’s leading technological and military power. “In order to enhance China’s innovation capacity, we will move faster …

US aims to hobble China’s chip industry with sweeping new rules
2 years, 5 months ago

US aims to hobble China’s chip industry with sweeping new rules

Al Jazeera  

The host of measures could amount to the biggest shift in US policy on shipping technology to China since the 1990s and could set Chinese chipmakers back by years. If effective, they could set China’s chip manufacturing industry back years by forcing American and foreign companies that use US technology to cut off support for some of China’s leading factories …

President Joe Biden's curbs on chips to China part of broader effort
2 years, 6 months ago

President Joe Biden's curbs on chips to China part of broader effort

The Hindu  

Chip designer Nvidia Corp. this week said the United States told it to restrict exports to China of two computing chips for artificial intelligence work, the latest move in a broader government effort to hamper China's access to the most sophisticated semiconductors. While a Commerce Department spokesperson did not shed much light on the letters in a statement, they suggested …

Why Biden's plan to boost semiconductor chip manufacturing in the U.S. is so critical
2 years, 7 months ago

Why Biden's plan to boost semiconductor chip manufacturing in the U.S. is so critical

NPR  

Why Biden's plan to boost semiconductor chip manufacturing in the U.S. is so critical Enlarge this image toggle caption Patrick Semansky/AP Patrick Semansky/AP If you take stock of all the high-tech gadgets around you right now, including the device you're currently using to read this article, you'll find that they all need semiconductor chips to function. It will allocate more …

Chip and carmaker CEOs meet ahead of Biden signing
2 years, 7 months ago

Chip and carmaker CEOs meet ahead of Biden signing

The Hindu  

The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors. GlobalFoundries CEO Thomas Caulfield said in a statement the chips legislation "protects U.S. economic, supply chain and national security by accelerating semiconductor manufacturing …

Biden signs CHIPS Act to boost US chipmakers, compete with China
2 years, 7 months ago

Biden signs CHIPS Act to boost US chipmakers, compete with China

Al Jazeera  

The law, providing $52bn in subsidies to US semiconductor manufacturers, aims to reduce US dependence on Taiwan and South Korea for critical technologies. US President Joe Biden on Tuesday signed into law a bill providing $52.7bn in subsidies for US semiconductor manufacturers and research, in a landmark effort to boost United States competition with China’s scientific and technology initiatives. The …

US Congress Nod to CHIPS Act to Boost Semiconductor Production, Pour Billions in Fight Against China
2 years, 8 months ago

US Congress Nod to CHIPS Act to Boost Semiconductor Production, Pour Billions in Fight Against China

News 18  

The long-awaited CHIPS and Science Act, which aims to increase semiconductor manufacturing in the United States, was passed by the House by 243-187, with no Democrats voting against the bill. The CHIPS for America Act will get that done.” Some Republicans who opposed the bill claimed it lacked “guardrails” to prevent any of the funding from falling into the hands …

The US Throws $52 Billion at Chips—but Needs to Spend It Wisely
55 years, 3 months ago

The US Throws $52 Billion at Chips—but Needs to Spend It Wisely

Wired  

Congress passed the CHIPS and Science Act on Thursday, a $280 billion package that includes $52 billion in funding available to companies that manufacture semiconductor chips stateside. Although chipmaking was pioneered in the US and Intel dominated the global market for advanced computer chips for decades, competition from Asian firms and Intel’s own missteps have seen that influence wane considerably …

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