News and reports from the Department of Commerce.

U.S. Secretary of Commerce Gina Raimondo has appointed 42 leaders from industry, business, and civil society to the Environmental Technologies Trade Advisory Committee (ETTAC).

The Biden-Harris Administration has announced a significant award from the U.S. Department of Commerce to Micron Technology, amounting to up to $6.165 billion in direct funding under the CHIPS Incentives Program.

The Biden-Harris Administration has announced preliminary terms with Coherent, SkyWater Technology Foundry Inc., and X-Fab under the CHIPS and Science Act.

The Biden-Harris Administration has finalized two awards under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities, aimed at enhancing U.S. technology leadership and supply chain security.

U.S. Secretary of Commerce Gina Raimondo and Angolan Minister of Commerce and Industry Rui Miguêns de Oliveira have signed a Memorandum of Understanding (MOU) to initiate the U.S.-Angola Commercial and Investment Partnership (CIP).

Recent estimates indicate that industries heavily reliant on U.S. government data reached nearly $800 billion in revenue in 2022, doubling from approximately $400 billion in 2012.

Since taking office, the Biden-Harris Administration has reported the creation of nearly 16 million jobs, with unemployment among Latinos reaching a record low. Latino entrepreneurs have been starting new businesses at an unprecedented rate in over 25 years. In celebration of Hispanic Heritage Month, Secretary Raimondo and Deputy Secretary Graves participated in events that highlighted these achievements. They emphasized the administration's dedication to fostering a skilled and diverse workforce for future generations of Latinos.

U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal held the 6th ministerial meeting of the U.S.-India Commercial Dialogue today. The leaders reviewed progress since their last meeting in March 2023 in New Delhi, India.

The Biden-Harris Administration announced plans to invest up to $100 million to advance research and development in artificial intelligence (AI) technologies for sustainable semiconductor materials. This initiative, led by the U.S. Department of Commerce, aims to accelerate the development of new semiconductor materials and processes that are environmentally friendly and can be adopted within five years.

The United States recently hosted the second in-person meeting of the U.S.-India CEO Forum, co-chaired by U.S. Secretary of Commerce Gina Raimondo and India's Minister of Commerce and Industry Piyush Goyal. This forum serves as a platform for leaders from both nations' business communities to collaborate on strengthening commercial ties and expanding trade and investment between India and the United States.

The U.S. Department of Commerce announced that registration is now open for the 11th SelectUSA Investment Summit, scheduled for May 11-14, 2025, at the Gaylord National Resort & Convention Center in National Harbor, Maryland.

U.S. Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahmanyam Jaishankar on September 30, 2024. The discussion focused on the U.S.-India CEO Forum and U.S.-India Commercial Dialogue, initiatives led by the Department of Commerce and Indian Ministry of Commerce and Industry to enhance trade and investment between the two countries.

The Biden-Harris Administration is making progress on its Internet for All initiative, which aims to provide affordable and reliable high-speed internet service to everyone in America by 2030. Since President Biden took office, over 2.4 million previously unserved homes and small businesses have been connected to high-speed internet.

On September 26, 2024, U.S. Secretary of Commerce Gina Raimondo, New York Governor Kathy Hochul, and American Federation of Teachers’ (AFT) President Randi Weingarten joined Micron and AFT’s affiliates in Syracuse. Secretary Raimondo highlighted the implementation of AFT’s Advanced Technology Framework to prepare students for new technical careers in the semiconductor industry. This initiative is supported by new funding from the President’s Investing in America agenda to expand deployment and support the Upstate New York Workforce Hub.

The Biden-Harris Administration has launched the National Semiconductor Technology Center’s (NSTC) Workforce Center of Excellence (WCoE) with a planned $250 million investment over ten years. This initiative aims to address workforce development challenges in the U.S. semiconductor industry, as global demand for advanced semiconductors increases.