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What Is the Chips Act? Why Does Trump Want to Change It?


President Donald Trump’s trade war and efforts to bring manufacturing back to US shores have put one of his predecessor’s signature achievements on the firing line: the Chips and Science Act.

A Samsung Electronics Co. 12-layer HBM3E memory chip on a monitor at the Semiconductor Exhibition in Seoul, South Korea, on Oct. 23, 2024.Photographer: SeongJoon Cho/Bloomberg

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