Lutnick Pledges Chips Act Review, Demurs on Honoring Contracts
President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...
Federal funding freeze put CHIPs Act grants in 'limbo,' but likely to survive: BofA (update)
The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in ...
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CHIPS Act funding at risk under Trump’s spending freeze
Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm ...
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US introduces act to add tax credits for chip designers, extends credits for chip production, too
The STAR Act extends the semiconductor manufacturing tax credit beyond 2026 and expands it to include research and ...
DeepSeek just taught the AI industry 5 hard lessons
Have American tech companies completely misunderstood what they should do with Large Language Models? It certainly looks that ...
Will Canada and Mexico tariffs hit? Trump official says they're avoidable or possibly short term.
President Donald Trump's nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% tariffs ...
Lutnick Calls Chips Act ‘Excellent’ Start That Needs Review
President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program said the initiative is an “excellent down payment,” and that officials should review those ...
US Commerce nominee’s skeptical remarks put Korean chipmakers on edge
Fate of multibillion-dollar US investments in the balance under Trump 2.0 Korean chipmakers are on edge over the fate of their substantial investments in building advanced fabs in the US, following ...
Takeaways from Lutnick confirmation hearing for commerce secretary
In a hearing before the Senate Commerce Committee, Howard Lutnick was asked about an array of policy matters including tariffs, China, inflation, and more.