Commerce News
Commerce
The U.S. Department of Commerce has announced preliminary agreements with four companies under the CHIPS and Science Act, aiming to boost semiconductor technology capabilities across the United States.
Commerce
Commerce publishes guidelines on generative AI and open data
In late 2023, the Department of Commerce's Commerce Data Governance Board initiated the AI and Open Government Data Working Group.
Commerce
U.S. Department awards $25 million to expand workforce training programs
The U.S. Department of Commerce has announced a new allocation of $25 million through its Economic Development Administration (EDA) to support workforce training programs across the nation.
Commerce
Biden-Harris administration allocates $210M for tech hub expansion
The U.S. Department of Commerce's Economic Development Administration (EDA) has announced plans to distribute approximately $210 million in grants to six Tech Hub Designees.
Commerce
U.S. and Norway release report on critical mineral supply chain transparency
The U.S. Department of Commerce and the Norwegian Ministry of Trade, Industry, and Fisheries have released a report focusing on non-market policies and practices (NMPPs) affecting critical mineral markets.
Commerce
Commerce signs preliminary agreement with MACOM for $70 million investment
The U.S. Department of Commerce has announced a preliminary memorandum of terms with MACOM Technology Solutions Inc. to provide up to $70 million in proposed funding under the CHIPS and Science Act.
Commerce
Biden administration awards $53 million to HP for semiconductor facility expansion
The Biden-Harris Administration has announced a significant award under the CHIPS Incentives Program to support domestic manufacturing and technological advancement.
Commerce
Commerce expands support for U.S. firms competing internationally
Today, the U.S. Department of Commerce has announced an initiative to expand its support for American companies vying for significant investment and concession projects overseas.
Commerce
Commerce highlights key achievements from 2024
As 2025 begins, the Commerce Department reflects on its significant achievements from the previous year.
Commerce
Commerce awards $325M to Hemlock Semiconductor under CHIPS Incentives Program
The U.S. Department of Commerce has announced a significant award under the CHIPS Incentives Program, providing Hemlock Semiconductor (HSC) with up to $325 million in direct funding.
Commerce
Arizona State University chosen for major semiconductor R&D site
The Department of Commerce and Natcast have announced that the Arizona State University (ASU) Research Park in Tempe, Arizona, is set to become the location for the third flagship CHIPS for America research and development facility.
Commerce
Cybersecurity tips for a safer 2025
Why not consider a New Year’s resolution focused on enhancing cybersecurity practices?
Commerce
285M awarded for new semiconductor institute in North Carolina
The U.S. Department of Commerce has announced a $285 million award to the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) for the establishment and operation of a new CHIPS Manufacturing USA institute in Durham, North...
Commerce
Commerce Department reports GDP and income rise across most U.S. states
The Commerce Department's Bureau of Economic Analysis has reported an increase in GDP and personal income across almost all U.S. states.
Commerce
Senior Vice President of USCC: Teamsters trying to 'conjure up a strike at Amazon by people who don’t actually work there'
Glenn Spencer, senior vice president of the U.S. Chamber of Commerce (USCC), expressed skepticism regarding the Teamsters union's strike against Amazon, highlighting that many participants are not Amazon employees.
Commerce
Samsung receives $4.7B from US government for semiconductor expansion
The Biden-Harris Administration has announced a significant development in the U.S. semiconductor industry with Samsung Electronics receiving up to $4.745 billion in funding from the Department of Commerce under the CHIPS Incentives Program.
Commerce
Biden-Harris Administration allocates up to $1.61 Billion for Texas Instruments' chip expansion
The Biden-Harris Administration has announced that Texas Instruments (TI) will receive up to $1.61 billion in funding from the U.S. Department of Commerce under the CHIPS Incentives Program.
Commerce
Amkor receives $407M CHIPS award to boost US chip production
The Biden-Harris Administration has announced a significant award to Amkor Technology Arizona, Inc., a subsidiary of Amkor Technology, Inc. The U.S. Department of Commerce will provide up to $407 million in direct funding under the CHIPS...
Commerce
Congress reauthorizes U.S. Economic Development Administration after two decades
The U.S. Economic Development Administration (EDA) has been reauthorized by Congress for the first time in two decades, marking a significant milestone for the agency.
Commerce
Biden-Harris Administration awards SK hynix $458M for AI chip production in Indiana
The Biden-Harris Administration has announced a significant funding award to SK hynix, as part of the CHIPS Incentives Program.
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