The people, along with a third source, said the new administration was reviewing the projects awarded under the 2022 law, meant to boost American domestic semiconductor output with US$39 billion in subsidies.
Washington plans to renegotiate some of the deals after assessing and changing current requirements, according to the sources. The extent of the possible changes, and how they would affect agreements already finalised, was not immediately clear. It was not known whether any action had yet been taken.
“The Chips Programme Office has told us that certain conditions that do not align with President (Donald) Trump’s executive orders and policies are now under review for all Chips Direct Funding Agreements,” GlobalWafers spokeswoman Leah Peng said in a statement to Reuters.