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The Latest Breaking News from Gina Raimondo

Biden is giving Intel $8.5 billion for big semiconductor projects in 4 states

President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.

WEKU

Biden Administration Investigates National Security Risks Of Chinese Smart Cars

Biden administration investigates Chinese 'smart cars' for national security risks, focusing on data privacy and cybersecurity concerns.

Top News

US Can House 'Entire' Supply Chain For Advanced Chips: Commerce Dept

US Commerce Secretary Gina Raimondo expressed confidence Monday that the country can house the entire silicon supply chain for making advanced chips, including tech that is key for artificial intelligence.

International Business Times

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If Semiconductor Chip Demand Is High, Why Do We Need More Subsidies?

Commerce Secretary Gina Raimondo says more chip subsidies are needed, even before the Biden administration has distributed $52 billion or measured how effective that spending was.

Reason

The Intel IFS Direct Connect 2024 Keynote (Starts at 8:30am PT/16:30 UTC)

This morning, Intel is set to provide updates on its foundry business (IFS) and process roadmap at its IFS Direct Connect event in Santa Clara. Intel is expected to unveil plans for how the company will transform the foundry industry and how it is set to become the world's first…

AnandTech

Top tech firms sign up for new White House AI safety consortium

More than 200 have already signed up to be part of a consortium to develop and deploy safe and responsible AI in the US.

TechRadar

US Wants Cloud Giants To Snitch On Foreign Clients

China's rapid progress in AI is a major concern for the Biden administration, which views Beijing as its strategic competitor.

International Business Times UK

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U.S. government awards NOAA millions for wildfire response research

Millions of dollars invested in NOAA's Fire Weather research efforts will support wildfire preparedness and response across the United States.

Space

AI is everywhere, iPhone users are sad, China doesn’t care: Tech highs and lows of 2023

2023 is a hard year to summarise when it comes to consumer technology.

Newslaundry

Nvidia CEO sees Intel and Huawei as 'formidable competitors' in AI chipmaking race

Nvidia's Jensen Huang warns that Huawei and other AI processor developers from China compete against Nvidia worldwide.

Tom’s Hardware

Nvidia stock lower as CEO Huang works with U.S. on China rules

Nvidia CEO Jensen Huang says the chipmaker will work with the U.S. to meet restrictions. Reports say the newly designed chips may be delayed.

The Street

The U.S. supports China's growth if it 'plays by the rules,' commerce secretary says

China's president says success for the U.S. and China can be mutually beneficial. U.S. Commerce Secretary Gina Raimondo says that the reality is a bit more complicated than that.

WEKU

Nvidia's China problem isn't going away anytime soon

Nvidia has reportedly been working on technology to get around U.S. export restrictions, but government officials aren't backing down.

The Street

US govt warns that sanctions swerving GPUs will fall under their 'control the very next day'

The US Commerce Secretary, Gina Raimondo, is determined to stop cutting-edge AI chips from getting into China's hands and has warned companies that seek to follow the letter but not the spirit of the law.

Tom’s Hardware

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PC Gamer

US gov fires a warning shot at Nvidia: 'We cannot let China get these chips... If you redesign a chip that enables them to do AI, I'm going to control it the very next day'

The chipmaker has been quick to redesign its products to pass the current restrictions, but US Commerce Secretary Gina Raimondo seems to have had enough.

International Business Times

US Commerce Chief Warns Against China 'Threat'

US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security.

The Independent UK

Fresh off meeting with China's Xi, Biden is turning his attention to Asia-Pacific economies

President Joe Biden will address a group of CEOs grappling with the risks to their businesses from world crises

Dynamite News

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

Union Minister for Commerce and Industry Piyush Goyal on Monday (local time) visited Tesla's manufacturing facility in California's Fremont and said that the US electric car maker is on its way to double its components imports from India.

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The Street

Nvidia higher on reports it will unveil new AI chips for China following US export restrictions

Media reports suggest that next week Nvidia will announce a new suite of AI chips that will bypass restrictions place on China-bound exports.

The Guardian - UK

The great powers signed up to Sunak’s AI summit – while jostling for position

Even China is part of the UK’s ‘Bletchley declaration’ – but Britain is not the only country ambitious to lead on the issue

The Street

AMD earnings on deck with AI ramp, China export restrictions in focus

AMD, which is looking to ramp its new generation of AI chips, will post fiscal first quarter earnings after the close of trading Tuesday.

The Guardian - AU

White House meeting: key takeaways from Anthony Albanese’s visit to Washington

The prime minister and Joe Biden’s policy discussions have been driven by questions of dominance in cybersecurity, the net zero transition and the Pacific

The Independent UK

Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs

The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness

The Independent UK

China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses

Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them

The Street

Nvidia tumbles, leading chip stocks lower, on new US-China export restrictions

The U.S. tightened the rules that ban the export of key AI technologies to China, sending chip stocks sharply lower in early trading.

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