The federal funding freeze put forth by the Trump administration has put the CHIPs Act grants to semiconductor companies in ...

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

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

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

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

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

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

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

Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of ...