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But Trump's methods — imposing tariffs, undermining the CHIPS Act and tough export controls — are worrying some on Wall Street.

Tech

April 20, 2025

Chips world rides Trump rollercoaster

President Donald Trump is taking American chipmakers for a very bumpy ride.

Trump, like most lawmakers on the Hill, has said he wants to move semiconductor manufacturing back to the U.S. He says it’s critical for national security and leadership on artificial intelligence.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.