The Biden administration has already awarded tens of billions of dollars under the bipartisan CHIPS and Science Act passed in 2022 for the purpose of boosting domestic semiconductor production, but President Donald Trump’s return to the White House has sparked speculation over the future of the projects.

Trump slammed the legislation ahead of the election, saying during his interview on “The Joe Rogan Experience” in October, “That chip deal is so bad.” The president criticized sending billions of taxpayer dollars to “rich companies” and suggested imposing tariffs on foreign-made chips would be a better way to move production to the U