The recipients of the US government’s CHIPS and Science Act awards may not get the amount that they were initially promised. According to Reuters, the Trump administration is looking to assess and change the CHIPS Act’s current requirements. After that, it’s set to renegotiate some of the deals awarded by the Biden administration. It has also indicated a delay in some of the disbursements that are already scheduled, Reuters said. A spokesperson for Taiwan-based GlobalWafers said the company was notified by the program’s office that CHIPS Act policies are under review because certain conditions do not align with Trump’s executive orders.
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