Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its ...

I can’t say that I can honor something I haven’t read,” Howard Lutnick, Trump’s nominee for commerce secretary, said of the binding CHIPS and Science Act awards in a confirmation hearing on Wednesday.

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model ...

Donald Trump's commerce secretary nominee told his US Senate confirmation hearing he favors "across-the-board" tariffs while ...

The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 ...

Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company ...

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of ...

TAIPEI: Taiwan will consider supporting its domestic industry, the government said on Wednesday (Jan 29), after US President ...

Government officials and nonprofit organizations across the region are assessing how the freeze on federal funding may affect ...

U.S. President Donald Trump's nominee for Commerce secretary Howard Lutnick said on Wednesday that the Biden-era subsidies ...

Donald Trump's commerce secretary nominee said Wednesday that he favors "across-the-board" tariffs and a country-based approach rather than targeting products, signaling a hawkish China stance as he ...