Biden Secures $6.6B CHIPS Act Funding for TSMC Before Trump Era

Senator JD Vance, soon to be Vice President under Donald Trump, has expressed support for the CHIPS Act and Intel's planned chip facility in Ohio, despite Trump's criticism of the Act. Vance previously celebrated the Act's funding announcement as a victory for Ohio, but has also criticized Democrats for stalling the legislation. While Vance has not explicitly stated his current stance on the Act, he has raised concerns about its diversity hiring mandates and accused the Biden administration of politicizing the funding process.