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U.S. Department of Commerce

CHIPS Act last $6 billion in semiconductor award money

by Walter Watson
CHIPS Act last  billion in semiconductor award money

The rollout of the Biden administration’s CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion’s …

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U.S. to award Samsung up to $6.6 billion chip subsidy for Texas expansion: Reuters

by Walter Watson
U.S. to award Samsung up to .6 billion chip subsidy for Texas expansion: Reuters

The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it seeks …

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Targeting Chinese chips, U.S to push Dutch on ASML service contracts

by Walter Watson
Targeting Chinese chips, U.S to push Dutch on ASML service contracts

President Joe Biden’s administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the …

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Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

by Walter Watson
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by …

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U.S. tackles loopholes in curbs on AI chip exports to China

by Walter Watson
U.S. tackles loopholes in curbs on AI chip exports to China

Processors on display at the Bitmain Technologies Ltd. Sophon booth at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Thursday, July 6, 2023. Qilai Shen | Bloomberg | …

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