The two leaders discussed the progress in semiconductor production and other collaborative efforts. U.S. Department of Commerce Secretary Gina Raimondo and Korean Minister of Trade, Industry, and Energy…
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House Committee Announces Critical Mineral Supply Policy Group
Legislators will develop measures to transition the U.S. away from reliance on Chinese minerals. The members of the House Select Committee on China recently announced a new work…
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Supreme Court Agrees to Nvidia Class Action Appeal
The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
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Commerce Department Announces Agreement with SolAero
A $23 Million preliminary agreement would expand radiation-resistant semiconductors for solar panels. The Commerce Department recently signed a non-binding preliminary agreement with SolAero Technologies under the CHIPS and…
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Commerce Department Signs Preliminary Agreement with Korean Affiliate
The semiconductor component manufacturing company will build U.S. facility. The Department of Commerce signed a preliminary memorandum of terms with Absolics, an affiliate South Korean company that produces…
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Commerce Department Effort to Recruit Women in Construction
Secretary Raimondo says CHIPS Act goals will not be achieved without them. The Department of Commerce released its framework for encouraging women to become construction workers, saying that…
Read MoreCommerce Department Announces Agreement for Samsung Chip Facilities
Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…
Read MorePreliminary Agreement with Taiwan Semiconductor Manufacturer Announced
President Biden says, if finalized, will provide $6.6 billion to build U.S.-based manufacturing facilities This week, President Joe Biden announced a preliminary agreement with the Taiwan Semiconductor Manufacturing…
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FTC Supports Qualcomm’s Decision to Abandon Acquitision of Autotalks Ltd
The director says it “will preserve innovation and price competition.” Federal Trade Commission (FTC) Bureau of Competition Director Henry Liu recently affirmed Qualcomm Inc.’s decision to withdraw from…
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Commerce Department Reaches Preliminary Agreement with Intel
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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