China’s Factories Report Surge in Activity After Lockdowns End
Manufacturing activity rose in February to its highest level in more than a decade, bolstering China’s recovery after restrictions paralyzed much of the country.
Posted inBiden, Joseph R Jr Commerce Department Computer Chips Factories and Manufacturing Law and Legislation Raimondo, Gina M United States Economy United States Politics and Government
Biden’s Semiconductor Plan Bets on Federal Aid to Change Corporate Behavior
The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some economists disagree.
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Production Rivian Automotive LLC Scaringe, R J Sports Utility Vehicles and Light Trucks Supply Chain
Rivian Lost $6.8 Billion Last Year as Production Fell Short
The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.
Posted inBiden, Joseph R Jr China CHIPS Act Commerce Department Computer Chips Content Type: Service Defense Department Factories and Manufacturing Federal Aid (US) Grants (Corporate and Foundation) Intel Corporation Labor and Jobs Micron Technology Inc Raimondo, Gina M Research Taiwan Taiwan Semiconductor Manufacturing Company Ltd United States United States Economy
What is in the CHIPS Act, Aimed at Childcare Expansion and National Security
A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well