President Biden hopes tripled tariffs on China will improve U.S steel

entrepreneur.com The Biden Administration has announced plans of a new import tax aimed at Chinese steel and materials. On a recent trip to Pittsburgh, the President made the announcement…

Micron set to get $6 billion in chip grants from US, Bloomberg reports

aol.com Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg…

Biden administration set to provide $6.1 billion to Micron Technology for chip plants in NY, Idaho

apnews.com The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York…

Uncle Sam earmarks $54M of CHIPS funding for small-biz semiconductor boffinry

theregister.com Small businesses wishing they could get their hands on some of those billions of dollars in semiconductor funding being doled out as part of America's CHIPS Act are in luck,…

Intel CEO: We can beat TSMC on chips

semafor.com The News Intel CEO Pat Gelsinger said the company will be able to beat Taiwan Semiconductor Manufacturing Company (TSMC) on producing semiconductor chips. TSMC is the…

Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop

cnbc.com President Joe Biden's administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people…

Made in the USA: 3 Stocks Poised to Profit From the Reshoring Boom

investorplace.com These three stocks are strong beneficiaries of a U.S. reshoring boom It’s no secret that the U.S. is undertaking a massive effort to reassure manufacturing. Those efforts…

ASML’s Earnings Could Bring The Stock to New Highs

marketbeat.com The semiconductor industry has become a focus of every investor portfolio in the past few months, as technology stocks have outperformed almost every other sector in the…

Samsung to get $6.4 billion to make computer chips in Texas

texastribune.org Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. WASHINGTON (AP) — The Biden administration has…

Samsung snags $6.4B in CHIPS Act funds for Texas fabs

theregister.com Samsung is the latest chipmaker to benefit from CHIPS and Science Act funds, with the US Commerce Department today announcing the Korean megacorporation is getting $6.4…

3 U.S. Industries That Could Be Slammed by Another Bout of ‘China Shock’

investorplace.com With ongoing trade disputes, U.S. industries at risk need strategic responses to protect manufacturing Due to continuous geopolitical crises and shocks related to…

Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas

thehill.com The Biden administration on Monday announced a multibillion-dollar agreement with Samsung, which will invest in semiconductor chip manufacturing in Texas. The $6.4 billion…

Samsung to Get Up to $6.4 Billion for Texas Chip Plant

inc.com Financial support comes from theCHIPS and Science Act, which seeks to bolter domestic semiconductor manufacturing and research.

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

finance.yahoo.com The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and…

Biden administration will provide up to $6.4bn in direct funding for Samsung to develop Texas chip manufacturing and research cluster

fortune.com The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and…

Samsung gets $6.4 billion to build massive semiconductor plants in central Texas

npr.org Samsung gets $6.4 billion to build massive semiconductor plants in central Texas The Biden administration is giving Samsung $6.4 billion to help build massive new…

5 Trends You Need to Know This Quarter

marketbeat.com The global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there are a few key trends that investors should…

Taiwan Semiconductor Will Receive a Huge U.S. Subsidy. Does That Make the Stock a Buy?

fool.com It may surprise investors how much (or little) the new fabs will add to its production capacity. The Biden administration announced this past Monday that Taiwan…

Scoop: Treasury wants "sharper scalpel" to dissect foreign investment into the U.S

axios.com The Biden administration is preparing to give a "sharper scalpel" to the government committee that reviews foreign investments into the U.S., administration officials tell…

Rumors of Les Wexner's Retirement Are Much Exaggerated

forbes.com As the man who made Jeffrey Epstein professionally, the longtime head of Victoria’s Secret stepped down from his retail giant, seemingly finished. This is the inside story…

Today’s top business headlines: CPI inflation data, Google’s new chips, Brazil investigates Musk, Arizona’s semiconductor hub

fastcompany.com Markets await new inflation data: Investors anxiously await Wednesday’s Consumer Price Index (CPI) report, with concerns rising about potential high inflation readings.…

Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors

benzinga.com PITTSBURGH, April 10, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. COHR, a leader in wide- and ultrawide-bandgap semiconductors, today announced that it secured $15 million in…

Majority of US science agency budgets cut for 2024

theregister.com An increase in federal spending for the sciences in the US was short-lived, as the 2024 budget has seen significant cuts for many agencies – and 2025 looks to be on a…

Biden Admin Gives $6.6 Billion to Project Run By Ex-Solyndra CEO

freebeacon.com The Biden administration is giving $6.6 billion to a semiconductor project run by the former CEO of Solyndra, the failed solar energy company at the center of an Obama-era…

Samsung Will Get $6.6 Billion to Expand Texas Chip Plant

inc.com More money from the CHIPS and Science Act pool of funds bolsters semiconductor manufacturing in the United States.

WATCH LIVE: Biden gives remarks on economy during campaign event at Union Station in Washington, DC

pbs.org President Joe Biden will deliver remarks on the economy during a campaign event at Union Station in Washington, DC on Tuesday. The event is scheduled to begin at 12:35 p.m.…

China chips away at use of Intel and AMD units in government computers

euronews.com The step comes as Beijing adopts new rules to replace foreign technology with its own. China has begun phasing out US microprocessors from government computers and servers,…

TSMC's $6.6bn Arizona deal the latest in the CHIPS Act rollout

marketplace.org The Biden administration has announced another major deal out of the CHIPS program: a preliminary agreement for up to $6.6 billion in grants, plus up to $5 billion in loans,…

TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants

finance.yahoo.com The US plans to award Taiwan Semiconductor Manufacturing Co. $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in…

TSMC stock jumps on Biden's $11.6 billion funding to boost US chip manufacturing

finance.yahoo.com None TSMC stock jumped on Monday on a nearly $12 billion deal with the US to boost chip manufacturing. • None TSMC is set to receive up to $6.6 billion in grants and $5…

Biden unveils $6.6bn for Taiwan’s TSMC to ramp up US chip production

aljazeera.com Taiwanese chip giant will build third facility in Arizona as part of $65bn investment in the US. The United States has pledged to give Taiwan’s chip giant TSMC up to $6.6bn…

TSMC Lands Up to $11.6 Billion to Expand Arizona Chip Hub

thedailyupside.com Taiwan Semiconductor Manufacturing Company — the largest chipmaker in the world — was already building a pair of new fabrication plants in Arizona when the Biden…

The S&P 500 closes flat on cautious trading ahead of key inflation data, earnings

investing.com Investing.com-- The S&P 500 closed flat after swing between gains and losses Monday amid cautious trading ahead of the latest inflation reading as well as the start of the…

China tensions underline US investment in TSMC

techcrunch.com The United States Department of Commerce Monday proposed investing as much as $6.6 billion to fund a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) fab in…

TSMC scores $11.6B funding infusion for Arizona fabs, now plans for third plant

theregister.com With a new Biden administration funding agreement in hand, chip giant TSMC plans to build a third chip fabrication plant in Arizona despite facing delays with the two it's…

Uncle Sam is beginning to dole out $52 billion in CHIPS Act grants

aol.com The U.S., where computer chips were invented, hasn’t manufactured leading-edge chips since 2017. From then until now, the world’s fastest, most valuable chips, the kind that…

Microchip giant TSMC strikes $11.6 billion deal with Biden to boost production in Arizona

aol.com None Taiwan Semiconductor is set to receive almost $12 billion in grants and loans from the US government. • None The microchip maker plans to build a third factory in…

U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security

aol.com TSMC’s Arizona subsidiary is set to receive up to $6.6 billion in U.S. government funding under a preliminary agreement announced by the Biden administration on Monday. The…

Key Nvidia, Apple Supplier TSMC To Receive $6.6B From US Government For Arizona Plant

benzinga.com The U.S. government is set to provide up to $6.6 billion in funding to Taiwan Semiconductor Manufacturing Co. TSM, a major semiconductor supplier for Apple and NVIDIA, for…

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

nytimes.com The Biden administration will award up to $6.6 billion in grants to Taiwan Semiconductor Manufacturing Company, the leading maker of the most advanced microchips, in a bid…

Biden administration pledges up to $6.6bn so that TSMC can expand the chip facilities it is already building in Arizona

fortune.com The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona…

Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US

abcnews.go.com The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and…

Biden gives TSMC over $6 billion for advanced chips in U.S

semafor.com The News The Biden administration announced plans to provide billions in funding to Taiwan Semiconductor Manufacturing Company to build cutting-edge chip factories in the…

Biden’s manufacturing industry is expanding. That could be bad for inflation

aol.com American manufacturers have been squeezed for the past two years by lingering supply-chain disruptions and high interest rates, but the industry finally expanded in March…

US and China plan talks on economics, including manufacturing issue, Yellen says

abcnews.go.com U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put…

New US-China talks will address American complaint about Beijing’s economic model, Yellen says

bostonherald.com U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade…

Yellen presses China on its ‘potential to flood our markets with exports’

fortune.com U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade…