How Biden is winning over corporate America behind closed doors

cnbc.com President Joe Biden has had it out for corporate America for much of his term. Over the past three years, he has worked to dethrone the interests of big businesses and…

How Companies Dodge Tariffs

nytimes.com No matter who wins the White House and control of Congress this autumn, one aspect of trade policy is likely to endure: Washington’s tough-on-China protectionist stance. But…

US-based company innovates 'cutting-edge technology' to help improve military

aol.com One U.S.-based company is manufacturing semiconductor chips to help improve the military. Aeluma CEO Jonathan Klamkin told FOX Business' Stuart Varney "cutting edge…

Biden visits Syracuse as NYC campus chaos grows

politico.com With help from Shawn Ness and Irie Sentner New from New York Happening now: Two Syracuse University alums visited their former college town. New York spends the most per…

CIBC’s Benjamin Tal was one of the few to correctly predict the BoC’s rate moves so far this year. Here is what he’s forecasting now

theglobeandmail.com Major North American equity indexes are at or near record highs. With the earnings season largely behind us, investors will be focusing on economic data and announcements by…

Biden cranks up the heat on China with wall of tech tariffs

theregister.com The Biden administration's Chinese tariff hikes were formally announced on Tuesday including, among other items, a doubling on semiconductors and solar cells and a more than…

U.S. Chip Manufacturing Could Triple in Less Than a Decade: 2 Stocks That Could Follow Suit

finance.yahoo.com The U.S. government has focused significantly on the country's position in the semiconductor market, and that's not surprising -- chips play a critical role in multiple…

Small Caps, Big Dreams: 7 Unstoppable Russell 2000 Stocks to Buy in May Small Caps, Big Dreams: 7 Unstoppable Russell 2000 Stocks to Buy in May

investorplace.com These small-cap stocks could outpace the broader market despite macroeconomic headwinds impeding their path The Federal Reserve’s higher-for-longer interest rate policies…

“Minions” record-breaking viral strategy, TikTok algo, reframing semiconductors & energy

thisweekinstartups.com On today's show, Molly and Jason catch up after the long weekend (0:00) before breaking down how the new "Minions" movie broke a box office record by using TikTok, catchy…

Biden announces 100% tariff on Chinese-made electric vehicles

theguardian.com The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap…

3 Nvidia Partners With Explosive Growth Potential to Buy Now

finance.yahoo.com Nvidia (NASDAQ: NVDA) embodies artificial intelligence (AI) enthusiasm unlike any other growth stock. But what if you already own enough Nvidia, or are simply looking for…

CHIPS Act helps fund private US acquisition of Polar fab

theregister.com Not everything in the semiconductor industry is about shearing off every last nanometer, which is why the Biden administration is splashing out CHIPS Act funding to those…

China's Semiconductor Spending Tops US With $142B Commitment: Global Chip Race Heats Up

benzinga.com Gaining control over the global supply of chips is becoming a central priority for Western governments trying to compete with China in the race to dominate the industry.…

US federal debt is the biggest long-term downside risk for markets: analysts By

investing.com Analysts at Goldman Sachs and Wolfe Research released notes Monday highlighting their worries regarding the U.S. federal debt. Goldman Sachs told investors that the fiscal…

Intel In Advanced Talks With Apollo For $11B Ireland Plant Partnership: Report

benzinga.com Intel Corp INTC is reportedly in advanced talks for a transaction in which Apollo Global Management, Inc. APO would supply more than $11 billion to help the chip giant build…

US politicians aren’t prepared for the AI revolution. That’s bad for the economy

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

US semiconductor building boom means staff shortages and talent slipping away

theregister.com The US semiconductor industry is said to be struggling to hire as well as retain staff as the country cranks up its chipmaking capacity to reduce its reliance on foreign…

Inflation is “not yet where it needs to be,” Treasury Secretary Yellen says

marketplace.org As the November election draws nearer, U.S. Treasury Secretary Janet Yellen has been making the case for the Biden economy. Over the weekend, Yellen spoke at the East Valley…

TSMC’s American chipmaking plans grow $25bn more ambitious

economist.com TSMC makes about three-quarters of the world’s most cutting-edge computer chips. But even as it builds new factories (or fabs) in America and Japan, it has kept its most…

America's billion-dollar bet on US chipmaking – DW

dw.com Joe Biden is desperate to bring advanced chipmaking to the country, and is willing to pay a lot for it. Using the CHIPS Act, the government is splurging billions to lure…

Biden's trillion-dollar spending struggle

axios.com Spending President Biden's trillion dollars on U.S. projects before November is turning out to be a nearly impossible task. Why it matters: It's one thing to pass the…

America will make at least quarter of advanced chips in 2032, compared to China’s 2%

theregister.com By 2032 America is projected to produce 28 percent of the world's most advanced processors while China will be making just two percent, or so the US Semiconductor Industry…

US chip manufacturing capacity projected to triple by 2032, fueled by CHIPS Act: Industry leader

aol.com US chip manufacturing capacity is projected to triple by 2032, according to a new report published by the Semiconductor Industry Association (SIA), signaling progress nearly…

Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses

zerohedge.com Intel Shares Fall After Cutting Q2 Revenue Estimates Over Pulled China Licenses Intel provided an update on its second-quarter earnings forecast following the Biden…

Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds

nytimes.com Billions in federal subsidies for semiconductor manufacturers are expected to help reverse a decades-long decline in America’s share of global chip manufacturing. The United…

The 3 Most Undervalued Tech Stocks to Buy in May 2024

investorplace.com Undervalued tech stocks are attracting eyeballs this year because of two elements: the astronomical rise of Nvidia (NASDAQ:NVDA) and the three anticipated rate cuts from the…

Microsoft to build AI hub on previously-owned Foxconn land in Wisconsin

aol.com Microsoft said it is pouring $3.3 billion into building a data hub in Wisconsin that aims to train employees and manufacturers on how to best use artificial intelligence.…

China will make just 2% of most advanced chips by 2032, report says

asia.nikkei.com LOS ANGELES -- The U.S. is set to more than triple its semiconductor manufacturing capacity and control almost 30% of advanced chipmaking by 2032, thanks in no small part to…

The Biden Administration opens $285 million funding for ‘digital twin’ chip research institute

engadget.com The program will try to decrease America’s reliance on China and the global supply chain. The Biden Administration has opened applications for $285 million in CHIPS Act…