She also held a manufacturing roundtable. Treasury Secretary Janet Yellen traveled to Cleveland on Thursday to continue to promote the focus of President Biden’s administration on domestic manufacturing.…
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Commerce Department Appoints Industrial Advisory Committee
Will provide guidance for implementation of CHIPS act. The Department of Commerce announced the appointment of members and leadership to the Industrial Advisory Committee last week. The committee…
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Secretary Raimondo Speaks About Microchip Subsidies
Commerce Department will process applications one by one. Secretary of Commerce Gina Raimondo recently spoke about future investments in domestic semiconductor manufacturing. Congress approved the $52.7 billion CHIPS…
Read MoreCommerce Department Publishes CHIPS RFI Summary
Analysis synthesizes public responses to strategy development. The Department of Commerce has released a detailed summary documenting the responses to their Request for Information (RFI) for the Creating…
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Administration Outlines Semiconductor Production Plan
CHIPS and Science Act allots $50 billion. On Monday, President Biden’s administration unveiled its plan for boosting domestic chip production in the U.S. through the $50 billion in…
Read MoreDepartment of Commerce Launches CHIPS.gov Website
The online resource assists in program implementation. Last week, the Department of Commerce announced the launch of the CHIPS.gov website. Paired with President Biden’s executive order, the website…
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President Establishes CHIPS Act Steering Council
They will coordinate funding, grants, and subsidies. President Biden signed an executive order directing the implementation of the $280 billion CHIPS Act, designed to boost domestic manufacturing and…
Read MoreU.S. Tightens Technology Export Controls
Commerce Department calls the move critical to national security. The U.S. Department of Commerce has adopted new export controls on technologies that support the production of advanced semiconductors…
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Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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CHIPS Act Passed by House of Representatives
The measure now awaits the president’s signature. On Thursday, the House of Representatives passed legislation to support the production of semiconductors, increase employment in that industry, and technologically…
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