Two Texas Republicans in Congress are defending the CHIPS Act, saying it benefits national security and creates jobs.

The governor's trip comes after TSMC announced a major expansion in Phoenix and follows President Trump casting doubt on future federal funding.

Hong Kong/Taipei — It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 ...

With the CHIPS Act requiring 60 votes for repeal, and development reaching mostly red districts, Trump's critique appears ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

The hearing comes as US President Donald Trump has called for the repeal of a US$52.7 billion law to boost US chips ...

So far, the Commerce Department has signed contracts to grant more than $36 billion in federal subsidies under the CHIPS Act. Samsung, Intel, Micron, Taiwan Semiconductor Manufacturing Company ...

In a recent speech, Trump criticized the CHIPS Act as wasteful government spending and suggested that its funds should instead be used to pay down the national debt, which currently exceeds $34 ...

The United States needs a National Economic Security Strategy to protect and utilize its economic tools and assets in order to maintain geopolitical competitiveness and deter the China’s ...

The United States, once a leader in semiconductor production, saw much of its chip manufacturing shift to Asia in the 1980s. The CHIPS Act was meant to reverse this trend by providing financial ...

If lawmakers don’t act now, the semiconductor industry — one they paid heavily to secure — could become the biggest financial ...

The US president took a swipe at former presidents who he said allowed the loss of the crucial business to happen ...