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Trump threatened to abolish the chip law: they took the money but did not spend it, it is better to use it to pay off debt.
Trump stated yesterday that USA lawmakers should abolish the Chips Act, which provides $52.7 billion in subsidies for Semiconductor manufacturing and production, and that this money should be used to pay off debt. Some officials expressed concerns and criticisms regarding Trump's remarks.
Elon Musk's Bid to Block OpenAI's For-profit Transition Stands Rejected
Trump's Congressional Address: Taps Elon Musk For Government Overhaul, Revives 'Drill Baby Drill' For Energy Boom
What is the impact of Trump's "tariff stick"? U.S. Autos manufacturers organization: Prices will increase by 25%!
① The Automotive Innovation Alliance warns that Trump's new tariffs on Canada and Mexico will significantly increase car prices, with some models expected to rise by 25%. ② Auto Manufacturers warn that the tariffs will disrupt the North American integrated supply chain, increase Consumer costs, and put the USA auto industry at a competitive disadvantage.
Jeff Bezos Said 'Results Were Horrifying' After Amazon Prime's Free Shipping Introduction But He Went Ahead With It Because Good Decisions Require 'Instinct And Risk-Taking'
Express News | In overnight trading, CrowdStrike dips 10% with outlook missing estimates despite better-than-estimate revenue. AI-related stocks extend gains, SMCI rises 4%, Nvidia and Palantir up 2%.