US chip grant funding is uncertain as Commerce Secretary Howard Lutnick pushes companies to increase their domestic investments. Eight individuals familiar with the matter report that Lutnick plans to withhold 2022 Chips and Science Act grants unless award recipients significantly expand their US projects. This approach aims to generate billions of dollars in additional semiconductor investment commitments without increasing federal funding, according to the sources. Taiwan Semiconductor Manufacturing Co.’s recent $100 billion pledge serves as a model for other firms, with Lutnick aiming to encourage similar substantial investments into US-based facilities.
Source: https://www.bloomberg.com/news/articles/2025-04-01/us-chip-grants-in-limbo-as-lutnick-pushes-for-bigger-investments