Technology
A timeline of the U.S. semiconductor market in 2025

It’s already been a tumultuous year for the U.S. semiconductor industry.
The semiconductor industry plays a sizable role in the “AI race” that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel’s appointment of Lip-Bu Tan — who wasted no time getting to work trying to revitalize the legacy company — to CEO, to Joe Biden proposing sweeping new AI chip export rules on his way out of office that may or may not actually stick.
Here’s a look at what’s happened since the beginning of the year.
Table of Contents
May
A last-minute reversal
May 7: Just a week before the “Framework for Artificial Intelligence Diffusion” was set to go into place, the Trump administration plans on taking a different path. According to multiple media outlets, including Axios and Bloomberg, the administration won’t enforce the restrictions when they were supposed to start on May 15 and is instead working on its own framework.
April
Anthropic doubles down on its support of chip export restrictions
April 30: Anthropic doubled down on its support for restricting U.S.-made chip exports, including some tweaks to the Framework for Artificial Intelligence Diffusion, like imposing further restrictions on Tier 2 countries and dedicating resources to enforcement. An Nvidia spokesperson shot back, saying, “American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in ‘baby bumps’ or ‘alongside live lobsters.’”
Planned layoffs at Intel
April 22: Ahead of its Q1 earnings call, Intel said it was planning to lay off more than 21,000 employees. The layoffs were meant to streamline management, something CEO Lip-Bu Tan has long said Intel needed to do, and help rebuild the company’s engineering focus.
The Trump administration further restricts chip exports
April 15: Nvidia’s H20 AI chip got hit with an export licensing requirement, the company disclosed in an SEC filing. The company added it expects $5.5 billion in charges related to this new requirement in the first quarter of its 2026 fiscal year. The H20 is the most advanced AI chip Nvidia can still export to China in some form or fashion. TSMC and Intel reported similar expenses the same week.
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June 5
Nvidia appears to talk its way out of further chip exports
April 9: Nvidia’s CEO Jensen Huang was spotted attending dinner at Donald Trump’s Mar-a-Lago resort, according to reports. At the time, NPR reported Huang may have been able to spare Nvidia’s H20 AI chips from export restrictions upon agreeing to invest in AI data centers in the U.S.
An alleged agreement between Intel and TSMC
April 3: Intel and TSMC allegedly reached a tentative agreement to launch a joint chipmaking venture. This joint venture would operate Intel’s chipmaking facilities, and TSMC would have a 20% stake in the new venture. Both companies declined to comment or confirm. If this deal doesn’t come to fruition, this is likely a decent preview of potential deals in this industry to come.
Intel spins off non-core assets, announces new initiative
April 1: CEO Lip-Bu Tan got to work right away. Just weeks after he joined Intel, the company announced that it was going to spin off non-core assets so it could focus. He also said the company would launch new products including custom semiconductors for customers.
March
Intel names a new CEO
March 12: Intel announced that industry veteran, and former board member, Lip-Bu Tan would return to the company as CEO on March 18. At the time of his appointment, Tan said he Intel would be an “engineering-focused company” under his leadership.
February
Intel’s Ohio chip plant gets delayed again
February 28: Intel was supposed to start operating its first chip fabrication plant in Ohio this year. Instead, the company slowed down construction on the plant for the second time in February. Now, the $28 billion semiconductor project won’t wrap up construction until 2030 and may not even open until 2031.
Senators call for more chip export restrictions
February 3: U.S. senators, including Elizabeth Warren (D-Mass) and Josh Hawley (R-Mo), wrote a letter to Commerce Secretary Nominee-Designate Howard Lutnick urging the Trump administration to further restrict AI chip exports. The letter specifically referred to Nvidia’s H20 AI chips, which were used in the training of DeepSeek’s R1 “reasoning” model.
January
DeepSeek releases its open “reasoning” model
January 27: Chinese AI startup DeepSeek caused quite the stir in Silicon Valley when it released the open version of its R1 “reasoning” model. While this isn’t semiconductor news specifically, the sheer alarm in the AI and semiconductor industries DeepSeek’s release caused continues to have ripple effects on the chip industry.
Joe Biden’s executive order on chip exports
January 13: With just a week left in office, former President Joe Biden proposed sweeping new export restrictions on U.S.-made AI chips. This order created a three-tier structure that determined how many U.S. chips can be exported to each country. Under this proposal, Tier 1 countries faced no restrictions; Tier 2 countries had a chip purchase limit for the first time; and Tier 3 countries got additional restrictions.
Anthropic’s Dario Amodei weighs in on chip export restrictions
January 6: Anthropic co-founder and CEO Dario Amodei co-wrote an op-ed in The Wall Street Journal endorsing existing AI chip export controls and pointing to them as a reason why China’s AI market was behind the U.S.’. He also called on incoming president Donald Trump to impose further restrictions and to close loopholes that have allowed AI companies in China to still get their hands on these chips.

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Technology
2 days left to save up to $210 on your TC All Stage pass

Time is almost up! Regular bird pricing for TechCrunch All Stage ends this Sunday, June 22, at 11:59 p.m. PT. That means you have just 2 days left to lock in savings of up to $210 on your ticket to one of the ultimate founder events of the summer.
TC All Stage lands in Boston at SoWa Power Station on July 15 for one action-packed day built for founders, investors, and startup operators who want more than surface-level inspiration. Expect tactical sessions, real conversations, and curated connections — all under one roof.
If you’re a founder, investor, or startup operator, this is your moment to get in the room. Secure your pass now and save up to $210.
Here’s what makes TC All Stage a can’t-miss event
At TC All Stage, we’re not interested in vague predictions or padded panels. We’re focused on what’s actually working right now — and who’s making it happen.
Visit the TC All Stage agenda page to see the full lineup of roundtables and sessions, but in the meantime, you can expect sessions like these:
- “How to Actually Raise Right Now” — insights into navigating the current investment landscape
- “Brand vs. Growth: What Early Startups Should Prioritize” — smart takes on strategic focus
- “AI Isn’t the Strategy: It’s the Tool” — a realistic look at integrating emerging tech into your roadmap
- “Scaling with Soul” — how to grow fast without losing your team, your culture, or your mission
Hear from the people who get it
We’re bringing in the founders, investors, and operators with firsthand insight on what it takes to build and scale today. Some of the speakers you’ll hear from include:
But it’s more than what happens on stage
Throughout the day, you’ll dive into expert-led roundtables, founder-focused breakouts, and high-energy networking. Test your pitch in front of investors during networking meetings, or see how yours stacks up while watching startups compete in the “So You Think You Can Pitch” showdown. Then, close out the day with curated Side Events across Boston — from happy hours to VIP meetups.
Don’t miss your chance to connect, grow, and scale at TC All Stage. Prices jump in just 2 days — Sunday, June 22, at 11:59 p.m. PT. Save up to $210 and get your ticket now.

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Technology
Rippling spy says men have been following him, and his wife is afraid

If becoming a spy sounds like an exciting way to live like a le Carré character, let this newest affidavit from confessed Rippling spy Keith O’Brien serve as a warning.
On Friday, an Irish judge granted O’Brien a restraining order against several men who have not yet been identified, according to the court order seen by TechCrunch. O’Brien testified that multiple men — two in a gray Skoda Superb on one occasion, and more often, a short-haired, heavy-set man in a black SUV, sometimes accompanied by a large dog — had repeatedly followed his car and watched his home.
O’Brien’s story has captured the imagination of the tech industry after his colorful confession in April, in which he alleged that he was a spy for Deel. He said he was paid €5,000 a month to steal Rippling’s internal data on everything from products to customers. Rippling caught him by setting up a honeypot Slack channel. On the day he was caught, O’Brien pretended to flush his phone down the corporate toilet and later smashed it, dropping pieces down the drain at his mother-in-law’s house, according to his affidavit.
Now he’s the star witness for Rippling in its lawsuit against Deel. Rippling is even picking up the tab for his legal and related expenses, its lawyers testified. Deel is also countersuing Rippling, claiming it was spied on too, by a Rippling employee impersonating a customer. The two HR tech companies have been bitter rivals for years after Deel — once a Rippling customer — began offering competing products.
In the latest part of the saga, O’Brien testified that he tried to lose the black SUV following his car by making sudden turns and taking roundabout ways to get home, only to see it reappear in his rearview mirror. He hired a security consulting company and feared that someone was placing tracking devices on his car.
O’Brien claims all of these incidents have created “emotional and psychological” damage for himself and his wife. “We have been experiencing anxiety at home and in public. It has affected our sleep and our concentration,” O’Brien said in his latest affidavit. They are fearful for the safety of their four children.
He and his lawyer speculated that this was intended as harassment related to his role as star witness. However, O’Brien’s lawyer also admitted in court that they had no evidence tying the men to Deel. Deel also denied knowing anything about the man in the black SUV.
According to the Irish publication Business Post, when granting the injunction, the judge apparently said, “As if they are in a 1970s cops and robbers” TV show.
Whatever happens in the dueling court cases, O’Brien has made himself the rope in a bitter tug of war between these two well-funded HR startups. And from what he says in his testimony, it sounds painful.

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Technology
Amazon to invest $233M to enhance its India infrastructure

Amazon said on Thursday that it would invest about $233 million in its India business to further build out its operations infrastructure, develop new tools for its delivery network, and work on employee safety and well-being programs.
The company said the investment helps it double down on its efforts to deliver to all pin-codes in the country.
“This investment will enhance processing capacity, improve fulfilment speed, and increase efficiency across the company’s operations network,” Amazon said in a blog post.
As part of the investment, the company will continue work on some initiatives to support its contractors and employees, including rest spots for delivery personnel; financial education and support; scholarships for associates’ children; and healthcare support for truck drivers.
Amazon said it is also developing new software and tools to help delivery personnel with navigation, safety, and the overall delivery process.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
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