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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Trump Declares War On The CHIPS Act, Calling It A 'Horrible' Waste Of Government Money

Donald Trump Semiconductor United States Joe Biden Nvidia Samsung

President Donald Trump has ramped up efforts to dismantle policies introduced under Joe Biden, with his latest target being the CHIPS and Science Act, a £41.05 billion ($52.7 billion) initiative designed to revitalise domestic semiconductor manufacturing. In his latest speech to Congress, Trump branded the Act a 'horrible' financial burden, calling for its immediate termination and redistribution of its funds towards reducing national debt, according to Reuters.

'It Doesn't Mean a Thing': Trump's Attack on CHIPS Act

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