Trump floated in his state of the union that he would repeal the CHIPS act, which provided grants and loans to a variety of US chip manufacturers. This caused a small dip in stocks like $INTC at the time. However, I'm extremely doubtful he'll go through with this.^(1)
The recent tariff talks have made me wondering whether chip and chip-adjacent companies can invest further in U.S. manufacturing. They may suffer by losing a customer base in asia, but the U.S. is still a massive chip market. In fact, Trump recently signed an EO promising $1 Billion in investment in US semiconductors.^(2)
I prefer the smaller players like Micron Technologies $MU and Axcelis Technologies $ACLS. These two have experienced an above market bump so far today.^(3) Anyone else in U.S. semiconductor stocks?
1. "[Trump wants Republicans to 'get rid of' the CHIPS Act. They may just ignore him.](https://www.businessinsider.com/trump-joint-address-chips-act-horrible-bill-2025-3?op=1)"
2. [https://www.eetimes.com/trumps-revamp-of-chips-act-aims-at-big-investments/](https://www.eetimes.com/trumps-revamp-of-chips-act-aims-at-big-investments/)
3. [https://companiesmarketcap.com/semiconductors/largest-semiconductor-companies-by-market-cap/](https://companiesmarketcap.com/semiconductors/largest-semiconductor-companies-by-market-cap/)
