The article discusses US President Donald J. Trump's recent critique of the CHIPS Act, which aims to bolster the semiconductor industry. Trump's threats to defund the initiative and impose tariffs on foreign chipmakers are viewed by experts, like iDEAL Semiconductor's CEO Mark Granahan, as detrimental to small tech startups. These changes could restrict access to necessary funding and talent, undermining efforts to enhance domestic semiconductor manufacturing and secure the US supply chain, as intended by the CHIPS Act, passed under President Biden in 2022.
US President Donald J. Trump's criticism of the CHIPS Act and proposed tariffs could hinder growth and talent attraction for small tech startups, warns iDEAL Semiconductor CEO Mark Granahan.
Trump's threats to defund the CHIPS Act and impose tariffs on foreign chipmakers could stifle essential financial support for smaller semiconductor companies, disrupting their growth and innovation.
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