|
![]() |
![]() Mackenzie HawkinsFortune |
House Foreign Affairs Committee Chairman Michael McCaul confirmed the administration’s decision. He said the move is key to preventing China from...
“It’s absolutely the case that our export controls have hurt their ability to conduct the war, made it harder,” Raimondo said.
Korean chipmaker Samsung is getting at least $6 billion in CHIPS Act grants to expand its U.S. manufacturing.
American officials want South Korea to restrict the flow of equipment and technologies for making high-end logic and memory chips to China, according...
The Commerce Department plans to spend $28 billion from the Chips Act on leading-edge facilities, Raimondo said.
U.S. officials are particularly concerned about the troves of data collected by so-called smart cars — which include EVs and other types of...
The U.S. does not have enough chip packaging, meaning U.S. chipmakers need to send their products to Asia to be assembled.