New developments in the US semiconductor industry under Trump's policy guidance
2024-12-26
With Trump's rise to power, he is inclined to drive U.S. companies to return to domestic production by increasing import tariffs and scaling back the size of government - issued subsidies. The goal is to strengthen the U.S. domestic semiconductor industry, reduce reliance on foreign semiconductor companies, and encourage the semiconductor industry to return to the United States. This way, American semiconductor companies like Intel are likely to benefit and gain more development opportunities.
The U.S. Department of Commerce has provided up to $407 million in direct funding subsidies to Amkor Technology Arizona, Inc. to enable the end - to - end chip production of the most advanced semiconductors in the United States. Additionally, it has awarded up to $1.61 billion in direct funding subsidies to Texas Instruments to support its multiple projects in Texas and Utah, which aim to increase the production of semiconductors crucial for the U.S. economy and national security.
The U.S. Department of Commerce has provided up to $407 million in direct funding subsidies to Amkor Technology Arizona, Inc. to enable the end - to - end chip production of the most advanced semiconductors in the United States. Additionally, it has awarded up to $1.61 billion in direct funding subsidies to Texas Instruments to support its multiple projects in Texas and Utah, which aim to increase the production of semiconductors crucial for the U.S. economy and national security.
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