In President Donald Trump’s speech to a joint session of Congress Tuesday evening, he commented on the CHIPS Act, calling it a “horrible, horrible thing.” The comments come amid Intel’s plans to add two computer chip manufacturing facilities in Licking County.
President Donald Trump said lawmakers should get rid of the 2022 CHIPS Act that paved the way for Intel to announce the building of two Ohio plants.
Intel Corp. investors appear to now be discounting recent speculation that the chip giant could be split in two as part of any sort of big merger deal. After Broadcom Inc. Chief Executive Hock Tan told analysts late Thursday on the company’s earnings call that he was “too busy” to pursue any mergers and acquisitions,
President Donald Trump's threat to scrap the CHIPS Act while luring semiconductor investment in the U.S. through tariffs hurts Intel and American competitiveness, according to the Financial Times.
Ohio representatives and stakeholders are responding to President Donald Trump’s call to end the CHIPS Act, which brought in billions for Ohio’s Intel plant. In an address Tuesday to Congress, Trump called the CHIPS Act a “horrible,
T he U.S. decision to suspend the flow of military intelligence to Ukraine this week has aided the Russian advance along a critical part of the front, weakening the negotiating position of President Volodymyr Zelensky and killing many Ukrainian soldiers in recent days,
Thanks to the bipartisan CHIPS Act, tech giant Intel chose to invest billions in Ohio to develop a massive semiconductor manufacturing plant.
"We're really on a knife-edge here," said Calder Walton, a historian specializing in intelligence at Harvard University's Kennedy School of Government.