CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…
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Commerce Secretary Speaks on CHIPS and Science Act Anniversary
She and the president intend for the U.S. to produce 20 percent of the world’s leading-edge microchips by 2030. Secretary of Commerce Gina Raimondo recently spoke at the…
Read MoreWhite House Announces $5 Billion for Semiconductor Research
The administration establishes a center for research and a public-private development consortium. President Biden’s administration has announced a $5 billion investment into domestic semiconductor research and development (R&D),…
Read MoreCommerce Department Announces Domestic Chip Production Grants
$62 million in funding to support U.S. chip factories. The U.S. Department of Commerce announced a second tranche this week from the Chips and Science Act of 2022…
Read MoreCommerce Department Releases Final Policies for CHIPS and Science Act
The commerce secretary announces the guardrails prohibit foreign investments for ten years as well as foreign joint research. The Department of Commerce has released its final rule for…
Read MoreNSF Director Warns Against Delaying CHIPS Act Funding
He says extra funding key tool in the technological race against China. National Science Foundation Director Sethuraman Panchanathan shared his concerns that delayed government funding could put the…
Read MoreSecretary Raimondo Pushes for Women in Workforce
The secretary highlights efforts made by the Department of Commerce in her press release. Following Women’s History Month, Secretary of Commerce Gina Raimondo highlighted efforts made by her…
Read MoreCommerce Department Celebrates New Fiber Optic Expansions
Administration officials travel to Hickory, North Carolina, to announce new investments into communications infrastructure. Commerce Department leaders gathered in Hickory, North Carolina, to celebrate two investments into domestic…
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