Government, Business, Technology

Trump’s Win Sets Off Race to Complete Chip Subsidy Deals

The Biden administration is racing to complete CHIPS Act agreements, aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.

Mackenzie Hawkins | Bloomberg News
November 8, 2024
Government, Business, Technology, Logistics

US Finalizes China Investment Restrictions on Key Tech

The rules, which come after more than a year of deliberation, ban some investments into those industries and require the U.S. government to be notified about others.

Mackenzie Hawkins | Bloomberg News
October 28, 2024
Government, Business, Technology

US Extends 25% Tax Credit to Chip and Solar Wafers

The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects.

Mackenzie Hawkins | Bloomberg News
October 22, 2024
Government, Business, Technology

US Pushes New Tech Export Rules to Limit China’s Access

The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods.

Mackenzie Hawkins | Bloomberg News
September 6, 2024
Government, Business, Technology

Texas Instruments Wins $4.6 Billion in Grants, Loans

Texas Instruments is set to receive $1.6 billion in CHIPS Act grants and $3 billion in loans, marking the latest major award from a program designed to boost semiconductor manufacturing.

Mackenzie Hawkins | Bloomberg News
August 16, 2024
Government, Business, Technology

CHIPS Act Turns 2, Stays on Track

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

Mackenzie Hawkins | Bloomberg News
August 9, 2024
Government, Business, Technology

Lawmakers Seek to Limit Chinese Influence on Chipmaking

U.S. lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories.

Mackenzie Hawkins | Bloomberg News
June 18, 2024
Government, Business, Technology

Biden Makes $11 Billion Push to Beat China at Chip Research

The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.

Mackenzie Hawkins | Bloomberg News
April 24, 2024
Government, Business, Technology

TSMC to Win More Than $5 Billion in Grants for US Chip Plant

Taiwan Semiconductor Manufacturing Co. is set to win more than $5 billion in federal grants to support a chipmaking project in Arizona, according to people familiar with the matter.

Mackenzie Hawkins | Bloomberg News
March 8, 2024
Government, Business

Most Cities Prioritizing Roads, Bridges With Infrastructure Aid

Most U.S. cities will pour their share of the federal infrastructure spending package into fixing crumbling roads and bridges, prioritizing motor vehicle infrastructure over other projects like public transit, airports and railways.

Mackenzie Hawkins | Bloomberg News
July 19, 2022