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Inside the U.S. Semiconductor Rollercoaster of 2025: What’s Happened So Far

U.S. semiconductor

2025 has already been a wild ride for the U.S. semiconductor industry.

From leadership shakeups at Intel to fresh political tensions over AI chip exports, the first half of the year has delivered a mix of bold moves, regulatory twists, and growing competition in the AI race. With tech giants like Nvidia, AMD, and Intel taking center stage — and Washington never far behind — the pace of change has been relentless.

Here’s a look back at the most important moments shaping the chip industry so far this year.

January: 2025 Opens with Export Drama and Industry Warnings

  • Jan 6Anthropic calls for tougher chip rules
    Anthropic CEO Dario Amodei made headlines by urging stricter AI chip export controls. He argued that limiting China’s access to advanced chips is helping the U.S. stay ahead in AI.
  • Jan 13Biden’s last move: new chip export plan
    Just days before leaving office, President Biden introduced a new three-tier chip export system. The goal was to better control where powerful U.S. chips end up — especially those used in AI.
  • Jan 27China’s DeepSeek spooks Silicon Valley
    Chinese startup DeepSeek released an open-source “reasoning” model called R1. The launch raised concerns in the U.S. about China’s growing AI abilities — and added pressure to tighten export rules.

February: Political Pressure and Construction Delays

  • Feb 3Senators push for more chip limits
    A group of U.S. senators urged the Trump administration to go even further with chip restrictions, especially targeting Nvidia’s high-performance AI chips.
  • Feb 28Intel’s $28B Ohio chip plant gets pushed again
    Intel delayed its much-hyped chip factory in Ohio for the second time. Construction is now expected to finish by 2030 — or later.

March: Intel Gets a New Boss

  • Mar 12Lip-Bu Tan takes the reins at Intel
    Intel named veteran executive and former board member Lip-Bu Tan as its new CEO. He promised to rebuild Intel as an “engineering-first” company.

April: Big Changes and Industry Deals

April: Big Changes and Industry Deals
  • Apr 1Intel kicks off restructuring
    Tan wasted no time. Intel announced plans to spin off non-core units and focus on custom chip development for clients.
  • Apr 3Intel and TSMC explore joint venture
    Rumors swirled that Intel and Taiwan’s TSMC might team up to manage Intel’s chipmaking plants. Nothing is official, but it signals how dynamic the industry is becoming.
  • Apr 9Nvidia’s CEO meets Trump
    Nvidia CEO Jensen Huang was spotted at Mar-a-Lago, sparking speculation about deals to avoid tougher chip restrictions. Soon after, Nvidia’s H20 chips got a small break.
  • Apr 15Export restrictions hit hard
    New U.S. rules limited Nvidia’s ability to sell H20 AI chips overseas. Intel and TSMC also reported losses tied to export issues.
  • Apr 22Intel plans major layoffs
    Ahead of its earnings call, Intel said it would lay off over 21,000 employees. The move is part of CEO Tan’s plan to simplify operations.
  • Apr 30Anthropic doubles down on export rules
    Anthropic called for even stricter export rules, targeting “Tier 2” countries and encouraging enforcement. Nvidia fired back, saying innovation should be the focus — not fear-mongering.

May: Tensions Rise, and Acquisitions Pick Up

  • May 7Trump scraps Biden’s export framework
    Just days before the rules were set to kick in, the Trump team announced they’d ditch Biden’s export plan and come up with their own.
  • May 13Biden’s plan officially dead
    The Commerce Department formally pulled the plug on Biden’s “AI Diffusion” export rule. But it reminded companies that using Huawei chips is still a no-go.
  • May 20Intel looks to sell more business units
    Intel is reportedly trying to offload its networking and edge computing divisions — parts of the business that brought in over $5 billion last year.
  • May 21China lashes out over Huawei chip ban
    After the U.S. warned companies not to use Huawei AI chips anywhere in the world, China’s Commerce Secretary threatened legal action in response.
  • May 28
    • Nvidia reveals the damage
      The company reported a $4.5 billion hit from export restrictions in Q1 and expects an $8 billion hit in Q2.
    • AMD begins its buying spree
      AMD bought Enosemi, a silicon photonics startup, to strengthen its next-gen chip design capabilities.

June: Leadership Shakeups and AMD’s Bold Moves

  • June 4AMD acquires AI software firm Brium
    AMD picked up Brium, a startup that helps adapt AI software to work on non-Nvidia hardware. It’s a clear move to close the gap on Nvidia.
  • June 6AMD acquires Untether AI team
    In another AI-focused deal, AMD brought in the team from Untether AI to help build better AI inference chips.
  • June 13Nvidia cuts China from forecasts
    Nvidia said it would stop including China in future earnings projections. The company doesn’t expect the U.S. to relax chip export rules anytime soon.
  • June 17Intel confirms layoffs in foundry division
    Intel announced it would cut up to 20% of its foundry workforce in July. This move was expected, as part of the company’s effort to stay lean.
  • June 18Intel announces new leadership team
    Intel revealed four major executive hires — including a new Chief Revenue Officer — to support its “engineering-first” vision.

Quick Recap: Key Themes from 2025 (So Far)

Intel is rebuilding under new leadership — with layoffs, business unit sales, and a renewed focus on engineering.

Nvidia is under pressure, losing billions to export rules and distancing itself from China in future plans.

AMD is charging ahead, snapping up talent and startups to compete in the AI chip market.

The U.S.-China tech battle is escalating, especially around AI chip access and national security concerns.

Chip export policy remains in limbo, with the Biden plan canceled and Trump working on a new one.

Final Thoughts

So far, 2025 has been a turning point for the U.S. semiconductor industry. Chipmakers are being pulled in multiple directions — between Washington, Beijing, AI innovation, and competitive pressure.

The race to dominate AI hardware is well underway, and with each passing month, the stakes get higher. Whether it’s Intel’s reinvention, AMD’s acquisitions, or Nvidia’s strategic retreats, the next six months are set to be just as intense — if not more.

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