Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance their domestic technology manufacturing. Semiconductor manufacturing has been a major priority of President Biden’s domestic policy, with Raimondo at the head. Biden has repeatedly held … Read more
The Department of Commerce added computer networking company Sandvine to its blacklist earlier this week, alleging the company supplied equipment “to the Government of Egypt” and engaged in censorship. The department announced Tuesday that it would ban the company from obtaining U.S. technology because of national security concerns. The “Entity List,” which now has seven … Read more
The Biden administration named a lead for a new institute for artificial intelligence (AI) safety on Wednesday, underlining the White House’s focus on the developing technology. Elizabeth Kelly, an economic adviser to the president, will lead the AI Safety Institute at the National Institute for Standards and Technology (NIST), a subset of the Commerce Department. … Read more
The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer chips domestically, the second tranche of money doled out from a bipartisan law signed in 2022. The Commerce Department announced preliminary terms with the Arizona-based manufacturer, which will allow the company to “significantly … Read more
