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

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

Schumer said the Trump administration is "blatantly" disobeying the law by holding up spending authorized by Congress.

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

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.

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 ...

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 ...

President Donald Trump has threatened to impose tariffs on Taiwan-made chips, which could hit Nvidia, one of TSMC's biggest ...

The bipartisan-supported Chips & Science Act earmarked $52 billion in subsidies to enable companies to build factories in the ...

China's DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of U.S. models. Within ...