Raimondo Says Holding Back China in Chips Race Is a ‘Fool’s Errand’
WASHINGTON—Four years after the Biden administration made the race for chip manufacturing a top priority, Commerce Secretary ...
Biden’s $8 billion gift to Intel is looking worse every day
The sad truth is that Biden’s gift is corporate welfare, a crude form of central planning that will benefit a few people at ...
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Intel now has two CEOs. Will it soon be two companies?
Intel CEO Pat Gelsinger’s abrupt retirement Monday ... that Intel board Chair Frank Yeary had called Commerce Secretary Gina Raimondo to notify her of Gelsinger’s retirement.
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Commerce secretary blasts Trump’s call for tariffs to replace chip grants
Raimondo said Saturday. The Commerce Department last month finalized nearly $11 billion in grants and contracts to U.S.
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Commerce secretary blasts Trump’s call for tariffs to replace chip grants
Raimondo, who is set to leave her job when ... A week later, the company’s CEO Pat Gelsinger, a key supporter of the Chips and Science Act, resigned amid the company’s ongoing difficulties ...