Government Policy & Funding - The Trump administration is considering reallocating at least $2 billion from the CHIPS Act to fund critical minerals projects [1] - The proposed move aims to reduce US reliance on China for critical minerals [1] Strategic Implications - The reallocation seeks to bolster the Commerce Secretary's influence in strategic areas [1] - The initiative avoids new spending requests by drawing from already allocated funds for semiconductor research and chip factory construction [1]

Core Viewpoint - The construction progress of semiconductor factories in the United States is deemed too slow by U.S. Commerce Secretary Gina Raimondo [1] Group 1 - The U.S. government is concerned about the pace of building domestic chip manufacturing facilities [1] - There is a need for accelerated development to meet the growing demand for semiconductors [1] - The slow progress could impact the competitiveness of the U.S. semiconductor industry on a global scale [1]

Group 1 - TSMC's ADR has narrowed its decline to 2.85%, slightly recovering from the day's low [1] - The company is reportedly considering building an advanced chip factory in the UAE [1] - Discussions regarding this matter have already taken place with officials from the Trump administration [1]