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White House reviews CHIPS Act subsidies, terms unclear
The White House is reviewing projects under the US CHIPS and Science Act, which allocated US$39 billion to boost the US semiconductor industry.
Officials are assessing subsidy agreements, though details on potential renegotiations remain unclear.
Taiwan’s GlobalWafers, which received US$406 million for projects in Texas and Missouri, has not been informed of any changes.
Its subsidies are tied to 2025 milestones.
The review reportedly includes labor and childcare provisions added under Joe Biden, with possible adjustments to align with policy shifts.
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