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The Latest Breaking News from the US Department of Commerce

China stacked the deck against Augusta-made golf carts. Here’s what America did about it

"We’re glad to see the U.S. Department of Commerce take a stand for American manufacturers and workers."

USA Today Sports Media Group

Intel's $7.86B US Subsidy Restricts Sale Of Chipmaking Unit

Intel revealed that the U.S. government subsidies require it to retain at least 50.1% ownership of Intel Foundry if separated into a private entity, and limit sales to a single shareholder to 35% if the unit becomes public, before running into "change-in-control" provisions.

International Business Times

Intel and U.S. ink funding contract — $7.86 billion under the CHIPS Act, $3 billion from Pentagon

Intel to get $7.86 billion under CHIPS & Science Act, $3 billion under Secure Enclave program.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

U.S Department of Commerce finalizes $6.6 billion CHIPS Act funding for TSMC Fab 21 Arizona site

TSMC and the U.S. Department of Commerce finalized a deal Friday, granting TSMC $6.6 billion in funding and $5 billion in loan guarantees under the CHIPS Act to build its Fab 21 site in Arizona.

Tom’s Hardware

TSMC to stop supplying advanced AI processors for all of its China customers: Report

After accidentally producing AI chiplet for Huawei via proxy, TSMC is reportedly set to suspend production of advanced AI processors for all of its Chinese customers.

Tom’s Hardware

TSMC reportedly uncovers Huawei's plot to circumvent US export controls — Chinese tech giant may be using a proxy to produce chips at TSMC

TSMC notifies the U.S. government about Huawei's method of gaining access to leading process technologies and semiconductors it should not be able to due to U.S. restrictions.

Tom’s Hardware

Report claims US probing TSMC over secret Huawei deals — TSMC does not confirm or deny the allegation

An unconfirmed report says that the US Department of Commerce is making a probe into TSMC whether it's breaking America's sanction on Huawei.

Tom’s Hardware

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Kaspersky Is Shutting Down Its London Office And Laying Off Staff Following US Shutdown And Sale Ban

Kaspersky, which is under ongoing scrutiny over its ties to the Russian government, has announced the closure of its UK office and subsequent layoffs.

International Business Times UK

U.S. Aims To Ban Cars With Software, Hardware Links To China

Forget tariffs on EVs. Proposed new U.S. Commerce Department rules would ban cars with digital links to China from 2027 onward.

InsideEVs

Qualcomm doesn't expect any product revenue from Huawei beyond 2024, but licensing fees to continue

Qualcomm says was ready for revocation of export license to sell to Huawei, so it was not caught unprepared.

Tom’s Hardware

$6.6 billion given to Taiwan semiconductor giant to shore up US chip manufacturing

TSMC secures $6.6 billion after 7.4 magnitude earthquake shakes Taiwan.

TechRadar

No, Nvidia Isn't Breaking GPU Sanctions Against China, Says Analyst

Analyst first back at claims that Nvidia is circumventing US AI GPU sanctions against China. We dive deeper into the context.

Tom’s Hardware

US commerce secretary says companies see China as ‘uninvestable’

Gina Raimondo is fourth senior US official to visit China in recent months as two countries seek to manage tensions.

Al Jazeera

Seagate Faces Class Action Lawsuits After Violating US Sanctions by Selling to Huawei

Seagate has had a class action lawsuit filed against it for allegedly misleading its investors about its sanctions-violating sales to Huawei.

Tom’s Hardware

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Seagate Hit with $300 Million Fine for Shipping 7.4 Million HDDs to Huawei

Seagate to pay record fine for shipping 7.4 million hard drives to Huawei from 2020 to 2021.

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