President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...
Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm ...
The bipartisan-supported Chips & Science Act earmarked $52 billion in subsidies to enable companies to build factories in ...
The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in "limbo," even if they are "likely to survive," Bank of America said.
Still, Lutnick signaled a commitment to the program overall. He told senators that the CHIPS Act is an “excellent down payment” and repeatedly emphasized the importance of revitalizing ...
Work continues at an expansion project at the NY CREATES Albany NanoTech Complex continues on Friday in Albany. Then-U.S. Senate Majority Leader Charles E. Schumer announces that NY CREATES has ...
Commerce Department officials in charge of implementing the 2022 Chips and Science Act were planning to pause work by the close of business Tuesday due to the Trump administration guidance ...
China's DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of U.S. models. Within ...