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Semiconductor Industry Braces For CHIPS Act Fallout After Federal Job Cuts


Tech consulting firm Semiconductor Advisors, citing unnamed sources, recent news coverage, and previous statements from members of the Trump administration, predicts the imminent demise of the CHIPS...

DOGE Hubris: The CHIPS and Science Act was signed into law by President Joe Biden in August 2022, providing hundreds of billions of dollars to boost the domestic semiconductor industry in the US. Tech consulting firm Semiconductor Advisors, citing unnamed sources, recent news coverage, and previous statements from members of the Trump administration, predicts the imminent demise of the CHIPS and Science Act funding initiative. The firm references recent reports on Trump's plan to dismiss probationary staffers at NIST, stating that internal sources at the agency expect to lose their jobs imminently.

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