President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...

In the final days of the Joe Biden presidency, the Department of Commerce’s CHIPS and Science Act came to preliminary funding for several new companies including Infinera, Coherent, Corning and ...

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 ...

Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.

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.

Calling Biden’s CHIPS Act incentives ‘ridiculous,’ he claimed companies will build new plants in the US to avoid higher taxes and called DeepSeek’s AI a ‘positive.’ Calling Biden’s ...

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 ...

President Donald Trump’s pick for commerce secretary, Howard Lutnick, appeared to offer some passive support for the CHIPS and Science Act during his confirmation hearing on January 29. Trump has ...

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 ...