Don’t do this orange man in the name of Nana.
The recipients of the US government's CHIPS and Science Act awards may not get the amount that they were initially promised. According to Reuters, the Trmp administration is looking to assess and change the CHIPS Act's current requirements. After that, it's set to renegotiate some of the deals awarded by the JBiden administration. It has also indicated a delay in some of the disbursements that are already scheduled, Reuters said. A spokesperson for Taiwan-based GlobalWafers said the company was notified by the program's office that CHIPS Act policies are under review because certain conditions do not align with Trmps executive orders. GlobalWafers is one of the program's awardees that was set to receive $406 million in grants.
Trmp vocally criticized the program in the past, calling it "bad" and arguing that increasing tariffs would attract chip companies without the government having to award any grants.
https://www.engadget.com/computing/trump-administration-reportedly-eyes-renegotiating-chips-act-awards-143035924.html
