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The Latest Breaking News from Gina Raimondo

Biden-Harris Administration Invests 0M In Wolfspeed For Chip Manufacturing

Biden-Harris administration allocates 0 million to Wolfspeed for silicon carbide technology, boosting U.S. manufacturing capabilities.

Top News

China Says Raised 'Serious Concerns' With US Over Trade Curbs

The United States and China on Tuesday raised concerns about trade between the world's two biggest economies, with China's commerce minister urging Washington to lift sanctions on his country's firms "as soon as possible".

International Business Times

Commerce Department Bans Chinese Car Components

Commerce Secretary Raimondo insists the rule "is a strictly national security action."

Reason

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Citing security concerns, the US is now looking to ban Chinese and Russian-made vehicles

The U.S. Department of Commerce has proposed a ban on electric vehicles from China and Russia amid concerns regarding citizen privacy and national security.

TechRadar

Commerce Department Seeks Ban On Chinese And Russian Vehicle Tech

Commerce Department plans to ban Chinese and Russian software and hardware in U.S. connected vehicles for national security reasons.

Top News

US Commerce Department Proposes Ban On Chinese, Russian Smart Vehicle Tech

US Commerce Department proposes ban on smart vehicles using Chinese or Russian technology over national security concerns. Effort to secure US-China comput...

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Ban sought for Chinese, Russian software and hardware used in autonomous vehicles on US roads

A ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware is being sought by the U.S. Commerce Department, with the stated goal of protecting national security and U.S. drivers

The Independent UK

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Biden administration proposes rules to ban Chinese-made cars over spying fears

As Chinese carmakers become more powerful, US fears installed sensors and software could be used for espionage

The Guardian - US

U.S. Govt pushes Nvidia and Apple to use Intel's foundries — Department of Commerce Secretary Raimondo makes appeal for US-based chip production

Intel CEO Pat Gelsinger expressed his frustrations about American tech companies' use of TSMC for their chip requirements during a meeting with Secretary Raimondo. The latter then encouraged investors in private sessions to use American foundries for their chip-making needs.

Tom’s Hardware

Democratic Rising Stars To Speak In Chicago

Pennsylvania Gov. Josh Shapiro and Michigan Gov. Gretchen Whitmer to speak at Chicago event alongside other Democratic leaders, highlighting key battlegrou...

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U.S. to ban Chinese software in self-driving cars amid national security fears

Chinese-made autonomous vehicles have driven 1.8 million miles in California alone since 2017.

Fortune

Russian antivirus giant Kaspersky leaves the US after two decades, slams the 'theoretical concerns' that led to it being banned

The US claims the Kremlin could abuse Kaspersky software "to access and potentially exploit sensitive U.S. technology and data".

PC Gamer

Kaspersky shuts down all US operations following ban

Following the ban on Kaspersky products, the security company is officially exiting the US market.

TechRadar

China is poised to dominate the market for legacy chips

U.S. Commerce Secretary Gina Raimondo warned in April that 60% of all mature chips coming into the market will come from China.

Fortune

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Top News

Biden Administration Engages With Business Leaders For Economic Growth

President Biden engages with corporate leaders to drive investment and address workforce shortages, balancing business interests with worker welfare.

Tom’s Hardware

CHIPs Act throws its weight behind glass packaging for chips — Biden admin invests in SK hynix affiliate

The Biden administration is allocating $75 million of CHIPS Act funding to Absolics to build a plant for glass semiconductor substrates in Georgia. Glass substrates are the next major step forward in semiconductor fabrication.

Tom’s Hardware

US to increase tariffs on Chinese semiconductors by 100% in 2025 — officials say it protects the $53 billion spent on the CHIPS Act

The U.S. will increase import tariffs on Chinese semiconductors from 25% to 50% in 2025.

Reason

Is Chinese Garlic a Threat to National Security?

Plus, an AI-generated recipe for garlic lovers' shrimp scampi

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Tom’s Hardware

US attacks China's Quantum research, spy balloons by adding 37 companies to ban list — Entity List aggressively targets potential military applications

The US government has broken its record for most Chinese entities on the Entity List at once, with quantum research in China and elsewhere receiving fresh new sanctions and blockades.

PC Gamer

US Commerce Secretary says if China seized TSMC it would be 'absolutely devastating' to the US economy, as it buys 92% of its cutting-edge chips from the Taiwanese manufacturer

As Chinese relations with Taiwan remain strained, the US continues to reinforce the importance of chip manufacturing on home soil.

International Business Times

Chip Giant TSMC's April Revenue Jumps 60% On-year

Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

Tom’s Hardware

China seizing TSMC would be 'devastating' for U.S. economy, Commerce Secretary says

If China captures Taiwan and TSMC, this will be a major blow for U.S.-based companies and economy, which is why U.S. invests in its own semiconductor production, says Gina Raimondo.

InsideEVs

Tesla Removes Most Job Posts In North America After ‘Hardcore’ Layoffs

We also discuss Tesla's hiring freeze, the potential ban of Chinese connected cars in the U.S. and Ford rethinking its plan to go all-electric in Europe by 2030.

Top News

Commerce Department Implements Stricter Rules On U.S. Firearms Exports

Learn about the Commerce Department's new restrictions on U.S. firearms exports to prevent misuse and enhance national security.

AnandTech

Samsung To Receive $6.4 Billion Under CHIPS Act to Build $40 Billion Fab in Texas

Samsung Electronics this week was awarded up to $6.4 billion from the U.S. government under the CHIPS and Science Act to build its new fab complex in Taylor, Texas. This is the third major award under the act in the last month, with all three leading-edge fabs – Intel, TSMC,…

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