Opinionated summary:

  • Despite Republican assurances, Trump called the CHIPS Act “horrible” and pushed for its scrapping, creating chaos for an industry already struggling with uncertainty.
  • The Trump administration has already sabotaged the program by laying off key staff and considering changes to the projects, showing its disdain for U.S. industrial growth.
  • Industry leaders, who have already committed billions to U.S. chip production, are now left in limbo, thanks to Trump’s shortsighted, destructive rhetoric.
  • Placebonickname@lemmy.world
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    1 day ago

    It’s just another article where I’m not sure if Trump is too stupid to know what he’s doing or if he’s manipulating the market so his rich buddies can cash in on something

    • caroline
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      23 hours ago

      He’s ensuring the US will not be able to manufacture the weapons of the future.