Gina Raimondo

The Biden administration aims to leverage the $280 billion CHIPS and Science Act to attract semiconductor companies focusing on digital twins, virtual representations of physical chips. According to The Verge, this initiative includes the establishment of the CHIPS Manufacturing USA institute,...

U.S. Commerce Secretary Gina Raimondo dismissed Huawei Technologies Co.‘s latest chip technology as significantly lagging behind the United States. What Happened: On Sunday, in an interview with CBS News’ 60 Minutes, Raimondo, a member of President Joe Biden’s cabinet,...

U.S. Secretary of Commerce Gina Raimondo announced that former OpenAI researcher Paul Christiano will head the U.S. AI Safety Institute, a division of the National Institute of Standards and Technology (NIST.) What Happened: Christiano, a former researcher at OpenAI, is known for his work on a...

South Korean tech giant Samsung Electronics Co (OTC:SSNLF) is set to announce a substantial $44 billion investment in U.S. chipmaking, possibly as early as next week. What Happened: The world’s leading memory-chip manufacturer is anticipated to disclose the project in Taylor, Texas, in the...

U.S. semiconductor maker GlobalFoundries Inc (NASDAQ:GFS) is the first recipient of a government grant from the Commerce Department under the Biden administration’s $53-billion CHIPS Act. GlobalFoundries announced Monday it would receive $1.5 billion to support the expansion of its production...

In a recent announcement, U.S. Commerce Secretary Gina Raimondo revealed an ongoing scrutiny of three novel artificial intelligence (AI) accelerators being created by Nvidia Corp (NASDAQ:NVDA) for the Chinese market. What Happened: As per a Bloomberg report on Dec. 11, 2023, every aspect of the new...

If a Republican wins the 2024 presidential election, the U.S. could impose even more restrictions on China, which would be bad news for chipmakers. What To Know: The fourth GOP presidential debate was filled with fireworks, including shots exchanged between Former...

U.S. Commerce Secretary Gina Raimondo confirmed on Sunday that she was targeted by Chinese hackers before her recent visit to the East Asian nation. Raimondo expressed her displeasure during her visit, stating, “They did hack me, which was unappreciated, to say the least. I brought it up,...

U.S. Commerce Secretary Gina Raimondo emphasized the importance of robust economic ties between the U.S. and China amidst political tensions, South China Morning Post reported. Raimondo and her Chinese counterpart, Wang Wentao, met to discuss ways to strengthen the economic...

The U.S. and India signed an agreement regarding semiconductors, with the aim of enhancing coordination in their chip-industry incentive plans. What Happened: U.S. Commerce Secretary Gina Raimondo told the media that the memorandum of understanding focuses on information-sharing and policy dialogue...

U.S. Commerce Secretary Gina Raimondo had meetings with high-profile corporate tech chiefs, including Apple, Inc. (NASDAQ: AAPL) CEO Tim Cook and Amazon, Inc's (NASDAQ: AMZN) Andy Jassy in April 2021, Bloomberg reported, citing a copy of Raimondo's calendar it obtained....

As Tesla Inc (NASDAQ: TSLA) fans continue to urge President Joe Biden to acknowledge the role Tesla has played in America's electrification efforts, a White House official has called upon Tesla for help with the chip shortage.  What Happened: Biden posted a video on Twitter...

President Joe Biden’s Commerce Secretary Gina Raimondo revealed in a recent interview with Politico that she has no updates on cannabis decriminalization that was promised during the presidential campaign, reported Marijuana Moment. When a reporter asked if...