CHIPS Act dies because employees are fired - NIST CHIPS people are probationary [View all]

[usonian]

https://semiwiki.com/semiconductor-services/semiconductor-advisors/353373-chips-act-dies-because-employees-are-fired-nist-chips-people-are-probationary/

Added to my "Economic Disaster Du Jour" OP
https://www.democraticunderground.com/111699331

This is a BFD.
Why?

The cuts come at a time when the U.S. is looking to lead in AI development and stave off competition from China

Tariffs instead of CHIPS Act
Trump made it clear over the last few days that he will institute 25% tariffs on imported semiconductor devices, so it obvious that strategy is shifting from incentivizing US chip production to penalizing imports instead.

We don’t think that the administration has fully thought through all the ramifications as 100% of AI chips are imported from Taiwan and an increasing number of Intel chips are imported along with 100% of AMD and all other TSMC customers and the vast majority of memory chips…well over 80% of chips are foreign made.

We think this is more than a negotiating stance
We don’t think these actions are a bluff nor a negotiating tactic, its a complete change of course. Remember Taiwan “stole” the US chip industry

and we're fighting back by not building our own? Holy WTF?



WFE: Wafer fab equipment (WFE) is the market for specialized machines needed to fabricate semiconductor chips.

Verified by Bloomberg: https://archive.ph/V0www and Axios: https://archive.ph/wJ79A