President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in…
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Commerce Department
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BusinessNewsSemiconductorsTechnology
US Fines GlobalFoundries for Shipping Chips to Sanctioned Chinese Firm
The U.S. said on Friday it imposed a $500,000 penalty on New York-based GlobalFoundries (GFS.O), the world’s third-largest contract chipmaker, for shipping chips…
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BusinessNewsSemiconductorsTechnology
American Lawmakers Urge US Secretary to Act Against Huawei’s Semiconductor Development Amid National Security Concerns
Chairman John Moolenaar and Ranking Member Raja Krishnamoorthi of the Select Committee on the Chinese Communist Party (SCCCP) have urged the U.S.…
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The Biden administration is weighing sanctions on several Chinese tech companies, including memory chipmaker ChangXin Memory Technologies Inc., according to people familiar…