CHIPS Act

President Trump announced a deal with Taiwan Semiconductor Manufacturing Company, aiming to boost the U.S. semiconductor industry.

Trump unveils $165 billion investment by Taiwan chipmaker giant TSMC

A revision to the U.S. State Department's language toward Taiwan is sparking anger from China as Beijing condemned the change on Monday.

US language revisions toward Taiwan spark backlash from Beijing

The second most valuable company in the world, Nvidia, is taking aim at President Joe Biden, while praising President-elect Donald Trump.

Nvidia criticizes Biden over his new AI chip rules, praises Trump

President Joe Biden is reportedly planning one last artificial intelligence chip restriction that would hit major companies including the second most valuable in the world, Nvidia.

Biden plans final push to limit Nvidia advanced chip exports: Report

President Joe Biden and Vice President Kamala Harris addressed Democratic lawmakers at a holiday reception in Washington on Sunday, Dec. 15.

‘Stay engaged’: Biden touts Democratic unity at DNC holiday event

DOGE co-chair Vivek Ramaswamy says they will intensely review President Joe Biden's “last-minute spending spree."

Ramaswamy says DOGE will scrutinize Rivian loan and CHIPS Act awards

The global chip war is ramping up with China banning exports of key materials to the United States in response to Biden's restrictions.

China retaliates at US chip restrictions by banning shipment of key materials

Intel Chief Executive Officer Pat Gelsinger retired effective Dec. 1, the chipmaker announced the morning of Monday, Dec. 2.

Intel CEO Pat Gelsinger abruptly retires amid chipmaker’s bad year

China is putting out a warning that it plans to take action if the United States enforces new chip control measures.

China warns it will take action if US implements new chip control measures

Intel will receive nearly $8 billion in funding from the CHIPS Act as the Biden administration races to allocate grant money.

Intel secures $7.9B in CHIPS Act funding as Biden runs out of time

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