Opinionated summary:

  • Despite Republican assurances, Trump called the CHIPS Act “horrible” and pushed for its scrapping, creating chaos for an industry already struggling with uncertainty.
  • The Trump administration has already sabotaged the program by laying off key staff and considering changes to the projects, showing its disdain for U.S. industrial growth.
  • Industry leaders, who have already committed billions to U.S. chip production, are now left in limbo, thanks to Trump’s shortsighted, destructive rhetoric.
  • DonJefe
    link
    317 hours ago

    That is the sad state of affairs at the white house right now