Chipmaker SanDisk cancels $55 billion Michigan semiconductor factory

Chipmaker SanDisk canceled plans for a $55 billion semiconductor factory near Flint Bishop Airport due to economic uncertainty and federal policy concerns. The project, which would have been one of Michigan's largest economic developments, was halted amid national economic turmoil and potential tariff hikes, as noted by Gov. Gretchen Whitmer. The decision impacts efforts to enhance U.S. semiconductor manufacturing as a national security measure in response to tensions with China, with Taiwan currently dominating global production.