President Trump criticized the CHIPS Act during a congressional address, calling it a 'horrible' program and causing panic among lawmakers and chip executives who fear potential funding cuts.

Taiwan Semiconductor Manufacturing Company plans to invest $100 billion in the U.S. over the next four years to expand chip production, with significant plans aimed at boosting domestic manufacturing.

Intel has postponed the opening of its Ohio semiconductor factory to 2030, impacting U.S. semiconductor ambitions amid competition with TSMC and federal funding complexities.