Trump Calls For Repeal Of $52.7 Billion CHIPS Act

chips

President Trump called for the repeal of the CHIPS Act in his March 4 address to Congress, raising questions about the security of hundreds of millions of dollars in funding for military semiconductors.

Credit: Maxim Kazmin / Alamy Stock Photo
U.S. President Donald Trump called for the repeal of the $52.7 billion CHIPS and Science Act in his March 4 address to Congress, raising questions about whether government funding for a series of military semiconductor investments is secure. Trump said that “the CHIPS Act is a horrible, horrible...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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