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…
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Preliminary 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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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…
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Senate Subcommittee Chair Disappointed U.S. Chips Found in Russian Weapons
He says U.S. companies have the ability to track their products and do more. The Senate held a hearing with U.S. microchip manufacturers on Tuesday, reviewing reports that…
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The Pentagon Invests in Revitalizing U.S. Semiconductor Manufacturing
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,…
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…
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Commerce 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…
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