CHIPS Act in Pieces as Biden-Harris Administration Cuts Grant to Intel
The Biden-Harris administration on Sunday said it plans to cut its grant to Intel, dealing a blow to the Democrats’ industrial policy vision.
The Biden-Harris administration on Sunday said it plans to cut its grant to Intel, dealing a blow to the Democrats’ industrial policy vision.
Zhu Fenglian, a spokeswoman for China’s Taiwan Affairs Office, said on Wednesday that Taiwan could be “discarded” if Donald Trump returns to the White House and implements his America First foreign policy.
Vice President Kamala Harris (D) had an awkward moment on Monday in Michigan while touring a semiconductor manufacturing facility.
The devastation in a small North Carolina down from Hurricane Helene may cause unexpected issues to the semiconductor production industry, as nearly all of the world’s supply of a necessary mineral comes from that area.
Chinese leader Xi Jinping told visiting Dutch PM Mark Rutte that attempts to restrict China’s access to technology will not stop it’s rise.
OpenAI CEO Sam Altman is pursuing a wildly ambitious plan that could require raising up to $7 trillion to reshape the global semiconductor industry and expand AI capabilities.
The Chinese Communist Party, through its state media arms and Foreign Ministry, is demanding leftist President Joe Biden abandon support for the nation of Taiwan and lift restrictions on Chinese technology imports as a precursor to an expected meeting between Biden and dictator Xi Jinping in November.
President Joe Biden issued an executive order on Wednesday that appears to restrict American investment in Chinese companies in the semiconductor, quantum computing, and artificial intelligence (AI) industries.
U.S. chipmaker Intel on Saturday announced the launch of its Greater Bay Area Innovation Center in the Chinese tech hub of Shenzhen.
French magistrates have filed preliminary charges against two Chinese citizens and two others in an investigation of a leading chip supplier.
Rep. Jim Banks (R-IN) has introduced a plan to end the United States’ decades-long, job-killing free trade status with China as multinational corporations in the semiconductor industry plead with the federal government to keep open their access to the Chinese market.
Taiwan-based tech giant Foxconn announced Monday its withdrawal from a $19.5 billion joint semiconductor manufacturing deal with Indian metal and energy company Vedanta.
Treasury Secretary Janet Yellen arrived in Beijing on Thursday afternoon, beginning a four-day visit that included a meeting with Premier Li Qiang on Friday.
The government of Taiwan announced on Wednesday that it will open a new representative office in the financial hub of Mumbai, establishing its third diplomatic office in India.
Treasury Secretary Janet Yellen met with Chinese Ambassador Xie Feng on Monday, ahead of Yellen’s scheduled trip to Beijing this weekend. According to Chinese state media, Xie strove to send a “clear and positive message” that China is ready to improve bilateral relations.
A sealed indictment in South Korea, revealed to the public for the first time by Reuters on Tuesday, accuses former Samsung executive Choi Jinseog of stealing company secrets from his old employer so he could help Taiwan-based Foxconn build a chip factory in China.
On Wednesday’s broadcast of the Fox News Channel’s “Fox News Tonight,” 2024 presidential candidate Florida Gov. Ron DeSantis (R) said that he “would be willing to support government support” for manufacturing crucial items like semiconductors in the United States instead
President Joe Biden is greenlighting South Korean and Taiwanese semiconductor manufacturers to continue expanding their operations in China thanks to exemptions rewarded to various companies by the administration.
UK catching up with efforts by Western allies seeking to reduce reliance on Asian production of the computer chips.
The UK and Japan are set to sign a new China-bashing defensive pact aimed at securing the Indo-Pacific, reports on Thursday suggest.
The Chinese government on Tuesday asked the World Trade Organization (WTO) to crack down on U.S. policies intended to revitalize the domestic computer chip industry.
President Joe Biden’s administration is setting up a network of advanced computer-chip facilities to boost domestic manufacturing.
China represents an “epoch-defining challenge” to the West as it becomes a “technological superpower”, a UK security chief warned.
Beijing Academy of Military Sciences researcher Zhao Xun published an article in Chinese Communist Party media on Monday that warned China’s current model of technology and weapons development is “unsustainable” due to Western sanctions, so China must become more self-reliant by funding more research and reducing bureaucratic red tape.
The Japanese financial newspaper Nikkei Asia reported on Thursday that the government of China is considering banning the export of technology used to create rare-earth fueled high-performance magnets, often used in electric vehicles and other advanced technology.
President Joe Biden was caught in another hot mic moment highlighted by the Republican National Committee (RNC) on social media, as the president’s handler can be heard giving the 80-year-old instructions on what to do and where to go during a recent visit to North Carolina.
The government of the Netherlands is joining a U.S.-led effort to restrict the export of semiconductor chips to China, a campaign aimed at slowing the growth of the communist country’s military.
There has been a new twist in an ongoing, multibillion-dollar patent battle between Intel and semiconductor patent holder VLSI , with anonymous allegations being mailed to the House Oversight Committee regarding Intel’s interactions with the Patent Trial Appeals Board (PTAB).
During an interview aired on Thursday’s broadcast of NPR’s “All Things Considered,” Rep. Ro Khanna (D-CA) stated that even though there are incentives to produce chips in the United States under the CHIPS and Science Act that he co-wrote, “a
Chip giant Intel is reportedly planning to scrap thousands of jobs, likely in an attempt to cut fixed costs and deal with a slowdown in the computer market, Bloomberg reports.
Sen. Marsha Blackburn (R-TN) told Breitbart News exclusively on Thursday as she was en route to Taiwan for a meeting with President Tsai Ing-wen that the Chinese Communist Party (CCP) is “emboldened” right now and that the United States has to step to stop them.
Apple reportedly instructed its suppliers on Friday to ensure all components made in Taiwan are labeled “Taiwan, China” or “Chinese Taipei,” in accordance with speech codes enforced by the tyranny in Beijing.
During an interview aired on Tuesday’s “PBS NewsHour,” Commerce Secretary Gina Raimondo responded to concerns that the CHIPS Act semiconducter chip manufacturing bill isn’t paid for and would increase loans from China in the name of getting away from dependency
Paul Pelosi, husband of House Speaker Nancy Pelosi (D-CA), recently bought up to $5 million in stocks in a semiconductor company, the Daily Caller reported.
Vedanta — an Indian oil, gas, and metals conglomerate — plans to finalize a $20 billion deal with the Taiwanese microchip maker Foxconn by June to produce semiconductors within India starting in 2024, India’s Swarajya magazine reported on Thursday.
Senate Commerce Subcommittee on Consumer Protection Chairman Richard Blumenthal (D-CT) voted for legislation that gave Intel billions in subsidies shortly after his family purchased over $250,000 worth of the company’s stock.
Toyota Motor Corp. will suspend the operation of 14 production lines across eight factories in Japan for nearly one week later this month as part of the Japanese automaker’s effort to cope with a microchip shortage caused by a month-plus Chinese coronavirus lockdown of Shanghai, China, Kyodo News reported Wednesday.
The sale of the UK’s largest semiconductor factory to a firm controlled by the Communist China has not properly been investigated, claim MPs.
The British government has reportedly approved the sale of the UK’s largest microchip factory to a firm tied to the Chinese Communist Party.
Chinese Communist Party authorities have seemingly prioritized microchips over hungry citizens this week, according to two reports published by the state-run Global Times on Tuesday, which reveal the Party ensured semiconductor production continued unabated in Shanghai during its latest lockdown to contain the Chinese coronavirus while simultaneously failing to provide sufficient food to residents of northeastern China’s Changchun city during its own lockdown.