“TikTok is one poker chip in the broader game of high-stakes poker between China and the US,” Wedbush Securities managing director Dan Ives told CNN. Ives said Trump’s comments about Musk ...

The Biden administration has already awarded tens of billions of dollars under the bipartisan CHIPS and Science Act passed in 2022 for the purpose of boosting domestic semiconductor production ...

Donald Trump and his backers were hardly fans of the Biden administration's CHIPS and Science Act during the election campaign, yet the next U.S. government does not plan to reverse it.

Some analysts believe ByteDance will do so, arguing that TikTok’s fate is tied up in Trump’s other dealings with China, like his threats to impose new tariffs. “TikTok is one poker chip in ...