National Security Committee Forgoes Decision on U.S. Steel Acquisition

National Security Committee Forgoes Decision on U.S. Steel Acquisition

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
U.S. Takes Aim at China’s Production of Essential Chips

U.S. Takes Aim at China’s Production of Essential Chips

The older-style chips are crucial for a wide array of appliances and other machinery, including weaponry.
Nvidia’s Global Chips Sales Could Collide With US-China Tensions

Nvidia’s Global Chips Sales Could Collide With US-China Tensions

The chipmaker expects more than $10 billion in foreign sales this year, but the Biden administration is advancing rules that could curb that growth.