President Donald Trump’s pick to lead the agency in charge of a $52 billion semiconductor subsidy program declined to give it ...

A federal funding freeze ordered by the Trump administration — currently blocked by a federal judge — could roil a $52 ...

Sen. Chuck Schumer accused Trump of unlawfully withholding funding approved by Congress, warning that the freeze could harm ...

He joined The Verge in 2021 after several years covering news at Engadget. Without going into detail about what might happen ...

The U.S. cannot let the CHIPS program that has been so revolutionary for Texas job creators fall by the wayside.

The Senate Commerce, Science and Transportation Committee advanced Howard Lutnick’s nomination to lead the Commerce ...

In the final days of the Joe Biden presidency, the Department of Commerce’s CHIPS and Science Act came to preliminary funding for several new companies including Infinera, Coherent, Corning and ...

The Commerce Secretary nominee called the law “necessary and important,” but stopped short of committing to honor the ...

Still, Lutnick signaled a commitment to the program overall. He told senators that the CHIPS Act is an “excellent down payment” and repeatedly emphasized the importance of revitalizing ...

The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in "limbo," even if they are "likely to survive," Bank of America said.

Work continues at an expansion project at the NY CREATES Albany NanoTech Complex continues on Friday in Albany. Then-U.S. Senate Majority Leader Charles E. Schumer announces that NY CREATES has ...

President Donald Trump’s pick for commerce secretary, Howard Lutnick, appeared to offer some passive support for the CHIPS and Science Act during his confirmation hearing on January 29. Trump has ...