The Biden administration's $39 billion program under the CHIPS and Science Act, signed by President Biden, aims to secure the future of semiconductor research and manufacturing in the US and globally. BAE Systems’ New Hampshire plant is the first recipient, raising concerns over the US's dependency on the UK for the F-35. Commerce Secretary Gina Raimondo plans to make a dozen semiconductor chips funding awards within the next year, potentially reshaping US chip production. However, she warned of delays due to standard environmental reviews. Amidst China's recent chipmaking breakthrough, Raimondo promised the “strongest possible” action to protect US national security and mentioned the US's scrutiny of three new AI accelerators that Nvidia is developing for China, hinting at restrictions on chips that enhance Beijing's AI capabilities.
Gina Raimondo said the US will take the “strongest possible” action to protect its national security when asked how the Commerce Department will respond to a recent chipmaking breakthrough in China https://t.co/yQNFeWIkm9
Gina Raimondo said the US will take the “strongest possible” action to protect its national security when asked how the Commerce Department will respond to a recent chipmaking breakthrough in China https://t.co/fePzkSAGUM
Commerce Secretary Gina Raimondo said the U.S. is looking into three new artificial intelligence accelerators that Nvidia is developing for China, after vowing to restrict chips that give Beijing AI capabilities. https://t.co/KnWuAAyqjv
Gina Raimondo says she plans to make ~12 chips awards within the next year, including some worth multi-billion dollars that could reshape US' chips production (@davidshepardson / Reuters) https://t.co/pkyWjpE3ga 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/5BNg6Vv8cG
Gina Raimondo said the US will take the “strongest possible” action to protect its national security when asked how the Commerce Department will respond to a recent chipmaking breakthrough in China https://t.co/5g29B5JwH6
Commerce Secretary Gina Raimondo warned that US efforts to build out the domestic semiconductor industry could be delayed by years if companies are required to go through standard environmental reviews https://t.co/BCQcSbhMFt
US Commerce Secretary Gina Raimondo said she expects to make around a dozen semiconductor chips funding awards within the next year, including multi-billion dollar announcements that could drastically reshape US chip production https://t.co/OAYAbCYdwD
US Commerce Secretary Gina Raimondo said she expects to make around a dozen semiconductor chips funding awards within the next year, including multi-billion dollar announcements that could drastically reshape US chip production. More here: https://t.co/f7HVX6M38Z
Biden Administration Says New Hampshire Computer Chip Plant the First to Get Funding from CHIPS Law https://t.co/qfmr64ROJg
WTF? Biden claimed the US CHIPS Act would be used to help American companies bring chip development home from Asia. Instead the president awarded the first CHIPS deal to a British company called BAE. The US will now be dependent on the UK for the F-35. https://t.co/kckCIxw0yB
Gina Raimondo said the US will take the “strongest possible” action to protect its national security when asked how the Commerce Department will respond to a recent chipmaking breakthrough in China https://t.co/FuXCycP4Ty
🔴 US COMMERCE SECRETARY RAIMONDO VOWS STRONG ACTION ON HUAWEI’S CHIP BREAKTHROUGH.
The Biden administration is announcing the first allocation of incentives from last year’s bipartisan CHIPS and Science Act. https://t.co/2lwGMqbOxF
Economic statecraft needs to be resourced to compete with China, Commerce Secretary Gina Raimondo tells FP. https://t.co/UDr9KKG9Ex
🇺🇸 EXPECTS TO MAKE MULTI-BILLION CHIPS AWARDS WITHIN NEXT YEAR US Commerce Secretary Raimondo said she expects to make around a dozen semiconductor chips funding awards within the next year, including multi-billion dollar announcements - Reuters
⚠️ US EXPECTS TO MAKE MULTI-BILLION CHIPS AWARDS WITHIN NEXT YEAR U.S. Commerce Secretary Gina Raimondo said Monday she expects to make around a dozen semiconductor chips funding awards within the next year, including multi-billion dollar announcements that could reshape U.S.…
President #Biden's signing of the #CHIPS and Science Act on 9 August 2022, marked a pivotal moment in securing the future of #semiconductor research and manufacturing in the #US and globally, note @viveksans & Pankaj Fanase https://t.co/beKUNwdQSJ
The Commerce Department has settled on its first investment through the CHIPS and Science Act. https://t.co/CqHdDZtGRa
BAE Systems’ New Hampshire computer chip plant the first to get funding from CHIPS law - CNBC https://t.co/1gUnEvl4z7
The Biden administration is set to announce today the first recipient of a $39 bn program aimed at encouraging chip manufacturing https://t.co/fkC9PRatu6