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Home » A timeline of the U.S. semiconductor market in 2025
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A timeline of the U.S. semiconductor market in 2025

adminBy adminMay 10, 2025No Comments5 Mins Read
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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. 

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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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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