WASHINGTON :The U.S. Commerce Department said Friday it is naming more than a dozen members to a team overseeing $52.7 billion in government funding to boost semiconductor manufacturing and research.The new team members include officials with experience managing large federal programs, experts from the semico
WASHINGTON :The U.S. Commerce Department said Friday it is naming more than a dozen members to a team overseeing $52.7 billion in government funding to boost semiconductor manufacturing and research.
The department said Todd Fisher - a Commerce official who previously worked for nearly 25 years at KKR & Co. Inc - will serve as chief investment officer. The department plans to release its first Notice of Funding Opportunity this month, a key step to beginning the process of making funding awards. In September, Commerce Department chief economist Aaron"Ronnie" Chatterji was named White House Coordinator for CHIPS Implementation while former Treasury official Michael Schmidt was named Commerce Department CHIPS Program Office director.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Commerce names financial sector, government experts to chips teamWASHINGTON : The U.S. Commerce Department said Friday it is naming more than a dozen members to a team overseeing $52.7 billion in government funding to boost semiconductor manufacturing and research.The new team members include officials with experience managing large federal programs, experts from the s
Read more »
Blinken to pledge quake support on first Türkiye visitWASHINGTON: US Secretary of State Antony Blinken will travel on Sunday (Feb 19) to Türkiye to discuss support after a massive earthquake, his first trip to the NATO ally which has had turbulent relations with Washington. Blinken will visit Incirlik air base, through which the United States has shipped aid
Read more »
Downed Chinese balloon aimed for Hawaii but was blown off course: US officialWASHINGTON — US officials believe a Chinese balloon that was shot down after crossing the continental US originally had a trajectory that would have taken it over Guam and Hawaii but was blown off course by prevailing winds, a US official speaking on condition of anonymity, said on Wednesday (Feb 15). The balloon, which Washington accuses Beijing of using for...
Read more »
Biden says will contact Xi in wake of balloon shoot-downWASHINGTON: President Joe Biden on Thursday (Feb 16) said he would talk to his Chinese counterpart Xi Jinping in the wake of the US Air Force shooting down what Washington says was a high-tech Chinese spy balloon earlier this month. 'I expect to be speaking with President Xi and ... we're going to get to t
Read more »
Biden says he will contact Xi in wake of balloon shoot-downWASHINGTON: President Joe Biden on Thursday (Feb 16) said he would talk to his Chinese counterpart Xi Jinping in the wake of the US Air Force shooting down what Washington says was a high-tech Chinese spy balloo
Read more »
US launches ‘disruptive technology’ strike force to target national security threatsThe initiative will be a joint effort between the US Justice and Commerce departments. Read more at straitstimes.com.
Read more »