News and reports from the Department of Commerce.

U.S. Secretary of Commerce Gina Raimondo met with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko on August 30, 2024. During the meeting, Secretary Raimondo reaffirmed the Biden-Harris Administration’s commitment to Ukraine’s sovereignty and the Department of Commerce’s support for Ukraine in its response to Russia’s continued aggression.

Deputy Secretary of Commerce Don Graves delivered remarks in Lake City, South Carolina, announcing a significant milestone for disaster relief in the state. Graves expressed gratitude to Mayor Robinson and Administrator Hall for their welcome and highlighted the presence of Congressman Clyburn.

Deputy Secretary of Commerce Don Graves delivered remarks at the South Carolina Sustainability Institute on August 28, 2024. The event was held in Rosemont and brought together local and state leaders, including Mayor Cogswell, Mayor Burgess, and Representative Wetmore.

Deputy Secretary of Commerce Don Graves addressed the Commercial Spaceflight Federation on August 27, 2024. He expressed gratitude to Isaiah Wonnenberg from the Commercial Spaceflight Federation and Frank Jannuzi from the Mansfield Foundation for organizing the event with ASTEC partners.

The Biden-Harris Administration announced today that the Department of Commerce and HP Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $50 million in proposed direct funding under the CHIPS and Science Act. This funding aims to support the expansion and modernization of HP’s existing facility in Corvallis, Oregon, which is part of the company’s “lab-to-fab” ecosystem, spanning from research and development activities to commercial manufacturing operations.

The Commerce Department recently hosted an event in honor of Women’s Equality Day, celebrated annually on August 26 to commemorate the day women in America were first granted the right to vote. The event featured three women who shared their career journeys, discussed challenges, and offered advice for women pursuing successful careers in the Federal government.

Today, the United States announced its list of critical sectors and key goods for potential cooperation under the IPEF Supply Chain Agreement to strengthen supply chain resiliency. This marks a significant milestone in implementing the agreement, which aims to establish a framework for deeper collaboration to prevent, mitigate, and prepare for supply chain disruptions.

The Biden-Harris Administration has announced a preliminary memorandum of terms (PMT) with Texas Instruments (TI) to provide up to $1.6 billion in proposed funding under the CHIPS and Science Act. This initiative aims to enhance domestic supply chain resilience, advance national security, and boost U.S. competitiveness in semiconductor production.

From August 16-17, the Department of Commerce’s U.S. Patent and Trademark Office (USPTO) will host Invention-Con 2024: Expanding Your Intellectual Property Potential. This free event provides resources and access to independent inventors, entrepreneurs, and small business owners whose success depends on guarding their creative work.

Two years ago today, President Biden signed the bipartisan CHIPS and Science Act into law, investing nearly $53 billion to bring semiconductor supply chains back to the U.S., create jobs, support American innovation, and protect national security.

The U.S. Department of Commerce announced today that it will hold a Supply Chain Summit in Washington, D.C., on September 10, 2024, in collaboration with the Council on Foreign Relations.

On July 24, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in collaboration with United Way Worldwide and Public Democracy America, hosted the National Partnerships Summit 2.0. The event featured keynote remarks from Secretary Gina Raimondo, Deputy Secretary Don Graves, Assistant Secretary for the Economic Development Administration (EDA) Alejandra Castillo, and Acting Under Secretary of Commerce for Minority Business Development Eric Morrissette. They emphasized the Biden-Harris Administration's commitment to celebrating and empowering...

On Monday, U.S. Secretary of Commerce Gina Raimondo convened a roundtable discussion with investors to address non-market actions from the People’s Republic of China (PRC) that threaten to distort the market for mature node, or "legacy," semiconductors. Secretary Raimondo expressed concern over practices by the PRC aimed at overproducing legacy chips and hindering U.S. companies and those in allied countries from competing fairly.

The Biden-Harris Administration announced that the U.S. Department of Commerce and SK hynix have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $450 million in proposed federal incentives under the CHIPS and Science Act. This agreement aims to establish a high-bandwidth memory (HBM) advanced packaging fabrication and research and development (R&D) facility.

The Commerce Department has announced a significant investment aimed at enhancing climate resilience in America's coastal communities. Commerce Secretary Gina Raimondo revealed that the department is recommending $575 million in funding for 19 projects across coastal and Great Lakes states and territories. This funding, provided through the National Oceanic and Atmospheric Administration’s (NOAA) Climate Resilience Regional Challenge (CRRC), is part of the Biden-Harris Administration's efforts to combat the climate crisis.