Guidelines to be released Tuesday will include firm financial requirements to try to ensure that chip makers don’t waste federal money.
Category: Commerce Department
-
Biden Administration to Impose Financial Restrictions for Chip Makers
The New York Times – Business: -
Chip Makers Turn Cutthroat in Fight for Share of Federal Money
The New York Times – Business: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.
-
How Arizona Is Positioning Itself for $52 Billion to the Chips Industry
The New York Times – Business: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.
-
U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs
The New York Times – Business: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.
-
U.S. Courts India as Technology Partner to Counter China
The New York Times – Business:American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
-
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
The New York Times – Business:Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
-
The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.
The New York Times – Business:Forecaste
-
Retail Sales Fell in November, Despite Black Friday
The New York Times – Business: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.
-
US Cracks Down on Chinese Companies for Security Concerns
The New York Times – Business:The Biden administration placed severe restrictions on trade with dozens of Chinese entities, its latest step in a campaign to curtail Beijing’s technology ambitions.
-
‘Innovation Hubs’ Aim to Lift Distressed Areas. Congress Just Has to Fund Them.
The New York Times – Business:A new report suggests where 20 newly created research centers could best revitalize struggling economies and accelerate new technologies
-
Consumers Kept Up Their Spending in October, Even as Prices Rose
The New York Times – Business:Consumption climbed and personal income rose, even after accounting for inflation, new data from the Commerce Department showed.