TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
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TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
WASHINGTON : Taiwan Semiconductor Manufacturing Co has begun producing advanced 4-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts. In November, Commerce finalized a $6.6 billion grant TSMC'»»»
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US-India commercial dialogue marks progress in semiconductor, clean energy, and innovation partnerships
Washington DC [US], October 4 (ANI): US Secretary of Commerce Gina Raimondo and Union Minister of Commerce and Industry Piyush Goyal convened the 6th ministerial-level U.S.-India Commercial Dialogue on Friday, reviewing the progress made since the 5th ministerial meeting in March 2023 in New Delhi.»»»
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India should not push for GSP benefits from US as gains are marginal, says GTRI
India should accept the end of benefits under the US GSP scheme and not seek their return in future talks. Think tank GTRI suggests this, arguing the benefits were minimal. Commerce Minister Piyush Goyal will focus on broader trade discussions during the upcoming India-US Commercial Dialogue. India»»»
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Indian companies pledge to invest in US
WASHINGTON DC: Several domestic companies, including JSW Steel and the Aditya Birla Group, have pledged investments in the US as Indian companies increase their American presence.The recent 2024 SelectUSA Investment Summit in Maryland saw JSW Steel commit an additional $110 million to expand its op»»»
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US official says Chinese seizure of TSMC in Taiwan would be ‘absolutely devastating’
WASHINGTON, May 8 — US Commerce Secretary Gina Raimondo said Wednesday a Chinese invasion of Taiwan and seizure of chips producer TSMC would be “absolutely devastating” to the American economy. Asked at a US House hearing about the impact, Raimondo said “it would be absolutely devastating,” declini»»»
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U.S. finalizes rules to keep China from cashing in on chip funding
WASHINGTON (Reuters) -- The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries deemed to pose American national security concerns. The regulation is the final hurdle before the Biden administration »»»
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S. Korea, US agree to minimize US CHIPS Act-induced uncertainties
South Korean Industry Minister Lee Chang-yang and US Secretary of Commerce Gina Raimondo agreed to minimize uncertainties and business burdens chipmakers face over the US’ semiconductor subsidy program, Seoul’s Industry Ministry said Friday. The two sides held their first Supply Chain and Commercia»»»
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US Proposes to Restrict New Foreign Operations of Federally-Funded Semiconductor Firms
WASHINGTON (Sputnik) – The US Commerce Department announced proposed restrictions on Tuesday on new foreign operations of semiconductor manufacturers who receive federal funding in the US. "CHIPS is fundamentally a national security initiative. That's why the law included guardrails to protect our »»»
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