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  "documentTitle": "2025 Air Street Capital The State of AI Report 2025",
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      "text": "Rather than promote onshoring chip production through allotted subsidies under the bipartisan CHIPS Act, the administration, motivated by seeing an ROI, has used tariffs and other alternative strategies to encourage onshoring.",
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      "text": "Trump says US to levy 100% tariff on imported chips, but some firms exempt; TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years; South Korean chipmakers avoid US tariffs through domestic investments",
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      "text": "Trump has openly criticized the CHIPS Act, arguing elsewhere that all subsidies were “taxpayer handouts.” Recently, Trump said he will be putting a “fairly substantial tariff” on semiconductor imports to incentivize domestic chip production. Those tariffs, however, would carry exemptions for companies that agree to invest in the US. Rather than promote onshoring chip production through allotted subsidies under the bipartisan CHIPS Act, the administration, motivated by seeing an ROI, has used tariffs and other alternative strategies to encourage onshoring.",
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      "text": "And we are not giving them any money. Your CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it. All that meant to them — we giving them no money — all that was important to them was that they didn't want to pay the tariffs, so they came and are building, and many other companies are coming.",
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      "text": "And we are not giving them any money. Your CHIPS Act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it. All that meant to them — we giving them no money — all that was important to them was that they didn't want to pay the tariffs, so they came and are building, and many other companies are coming. — Donald Trump",
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