Guidelines to be released Tuesday will include firm financial requirements to try to ensure that chip makers don’t waste federal money.
Tag: Commerce Department
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How Arizona Is Positioning Itself for $52 Billion to the Chips Industry
The state has become a hub for chip makers including Intel and TSMC, as the government prepares to release a gusher of funds for the strategic industry.
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U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs
The action to cut off five Chinese companies and a research institute from American parts and technologies is part of the Biden administration’s response to the balloon it shot down last week.
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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
The continued growth in the fourth quarter showed the resilience of consumers and businesses in the face of rising inflation and interest rates.