The grants are part of the RESHAPE initiative. The Department of Defense (DOD) has granted contracts totaling $49 million to Micross Components and the government of Osceola County,…
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SelectUSA Fostered $200 Billion in Foreign Investments
Commerce Department reports a milestone in the program’s 11 years. The Department of Commerce announced that their program SelectUSA reached $200 billion in certified foreign direct investments into…
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 Launching Semiconductor Supply Chain Survey
The department will assess the current state of domestic production to develop support methods. The Department of Commerce announced that it is launching a new survey this month…
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 MoreCongressman Calls for Commerce to Halt Exports to Huawei
The latest phone made by the Chinese company appears to utilize American technology. Representative Mike Gallagher of Wisconsin, the chair of the House Select Committee on China, has…
Read MoreCommerce Secretary Attends Virtual Gen Z Jobs Meeting
She encouraged students to join the domestic semiconductor workforce. Secretary of Commerce Gina Raimondo recently joined a virtual discussion hosted by Handshake, the largest job platform for Gen…
Read MoreU.S. Opposed to Change in Status Quo Between China and Taiwan
Secretary Blinken says the administration is committed to Taiwan’s right to defend itself. Secretary of State Antony Blinken concluded a two-day visit to China with a meeting with…
Read MoreCommerce Secretary Speaks at School of Foreign Service
She highlights the long-term goals of CHIPS and Science Act. Secretary of Commerce Gina Raimondo spoke at the Georgetown School of Foreign Service recently, addressing investors, faculty, and…
Read MoreBipartisan Congressional Delegation Visits Taiwan
A large focus is on Taiwan’s semiconductor industry. U.S. Representatives Ro Khanna of California, Tony Gonzales of Texas, Jake Auchincloss of Massachusetts, and Jonathan Jackson of Illinois arrived…
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