Trump’s Funding Freeze Risks Hitting Chips Act If It Proceeds

A federal funding freeze ordered by the Trump administration — currently blocked by a federal judge — could roil a $52 billion semiconductor subsidy program if it’s allowed to proceed, according to people familiar with the matter.

Commerce Department officials in charge of implementing the 2022 Chips and Science Act were planning to pause work by the close of business Tuesday due to the Trump administration guidance, said the people, who asked not to be identified because the discussions are private.

Government officials were planning for a range of scenarios, the people said, and are still awaiting further guidance after ...