Latest Gina Raimondo News
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a...
Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US
WILMINGTON, Del. (AP) — The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time. ...
Biden touts Arizona as America's 'future' as government invests $8.5 billion in chipmaker Intel
CHANDLER, Ariz. (AP) — President Joe Biden on Wednesday celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country, talking up the investment in the political battleground state of Arizona and calling it...
US commerce secretary hails progress at year's first meeting of Indo-Pacific trade grouping
BANGKOK (AP) — U.S. Commerce Secretary Gina Raimondo on Thursday praised the progress made by the 14 countries in the Indo-Pacific Economic Framework for Prosperity after the group held a ministerial meeting Thursday to discuss proposed guidelines for regional commerce. Raimondo...
Philippines says US will address concerns over garment exports held up on suspicion of forced labor
MANILA, Philippines (AP) — The U.S. commerce secretary has committed to address concerns by the Philippines after American authorities held up shipments of garments on suspicion that cotton was produced by forced labor in China’s Xinjiang region, Philippine officials said Tuesday. ...
US is constantly assessing expansion of export controls on chips that could boost China's military
MANILA, Philippines (AP) — The United States is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, U.S. Commerce Secretary Gina Raimondo said Monday. The...
Biden orders US investigation of national security risks posed by Chinese-made 'smart cars'
WASHINGTON (AP) — Citing potential national security risks, the Biden administration says it will investigate Chinese-made “smart cars” that can gather sensitive information about Americans driving them. The probe could lead to new regulations aimed at preventing China from...
White House wades into debate on 'open' versus 'closed' artificial intelligence systems
The Biden administration is wading into a contentious debate about whether the most powerful artificial intelligence systems should be “open-source” or closed. The White House said Wednesday it is seeking public comment on the risks and benefits of having an AI system's key...
Biden admin providing $1.5 billion to GlobalFoundries to make computer chips in New York and Vermont
WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a...
Biden administration announces $5 billion commitment for research and development of computer chips
WASHINGTON (AP) — The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium aimed at supporting research and development in advanced computer chips. The National Semiconductor Technology Center is being funded through...
