A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well
Category: Commerce Department
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The CHIPS Act Is About More Than Chips: Here’s What’s in It
A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well
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How Biden Is Seeking to Reshape Business via the CHIPS Act
Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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Biden Administration to Impose Financial Restrictions for Chip Makers
Guidelines to be released Tuesday will include firm financial requirements to try to ensure that chip makers don’t waste federal money.
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Chip Makers Turn Cutthroat in Fight for Share of Federal Money
Semiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors.
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How Arizona Is Positioning Itself for $52 Billion to the Chips Industry
The state has become a hub for chip makers including Intel and TSMC, as the government prepares to release a gusher of funds for the strategic industry.
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U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs
The action to cut off five Chinese companies and a research institute from American parts and technologies is part of the Biden administration’s response to the balloon it shot down last week.
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U.S. Courts India as Technology Partner to Counter China
American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
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Retail Sales Fell in November, Despite Black Friday
With food and gas prices still high, U.S. shoppers were more reluctant to spend on more discretionary items as the holiday shopping season arrived.