Gaming PC

US CHIPS Act Funding Under Attack Following Debt Ceiling Fight

Some may have been done “hidden” before US CHIPS law issues, a $280 billion subsidy package aimed at strengthening the country’s semiconductor manufacturing infrastructure. That is, the recent impasse over raising the debt ceiling has already caused some cuts in the Act’s funding allocations, and could lead to even more difficult times for tech funding in the future.

CHIPS method outline the plan Inject $280 billion to boost domestic semiconductor manufacturing capacity. The main purpose of the investment is to cut off U.S. chip supplies in case geopolitical tensions over Taiwan, home to the all-powerful TSMC, escalate. TSMC’s research and manufacturing expertise make it a prime target for absorption.

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