Biden’s gamble in the chip war with China faces a reckoning
President Joe Biden backed Intel to cut U.S. reliance on foreign semiconductors. Now, with its CEO gone, the gamble may ...
Mena FN5d
Outgoing Raimondo Admits China Chip War A 'Fool's Errand'
(MENAFN- Asia Times) US Commerce Secretary Gina Raimondo, the Biden administration's leading ... by more than 20% and laying ...
The Washington Post25d
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 ...
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 ...
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 ...
Journal-News22d
Intel remains committed to Ohio ‘Silicon Heartland’ despite company’s struggles
“(This) CHIPS award is enabling Intel to drive one of the most significant semiconductor manufacturing expansions in U.S. history,” U.S. Secretary of Commerce Gina Raimondo said in a news ...
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Machinery Makers Poised to Rebound: So That Happened
IndustryWeek editors look into that story and robotic floor sweepers, labor strife at GE, CHIPs funding, elven toy builders ...
Hosted on MSN29d
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.