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While addressing Congress, President Trump calls to “get rid” of the $52B CHIPS Act and use the leftover amount to “reduce debt or any other reason” (Mackenzie Hawkins/Bloomberg)
Arm agrees to provide chip designs and tech to Malaysia for $250M over the next ten years, as the government targets semiconductor exports of $270B by 2030 (Anisah Shukry/Bloomberg)
Taiwan’s government says it will assist with TSMC’s $100B investment in the US, but also do “gatekeeping” to keep the most advanced tech in Taiwan (Financial Times)

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