BREAKING: Inflation Data Cements Rate Cut Expectations The Wall Street Journal reported Friday that the policy would require chipmakers to manufacture the same number of semiconductors in the U.S. as their customers import from overseas producers. Companies that don't maintain a 1-1 ratio over time would have to pay a tariff. President Donald Trump is looking for ways to spur domestic chip manufacturing, the report said. Intel stock rose more than 3% to 35.08 in morning trades on the stock market today. Oth ...

(Reuters) -The U.S. is planning to push chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or pay a tariff, the Wall Street Journal reported on Friday. President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically. Companies that fail to sustain a 1:1 domestic-to-import ratio over time would fa ...