U.S. Department of Commerce Outlines $1.6 Billion in Proposed Funding to Support Multiple Projects in Texas and Utah to Increase Production of Chips Vital for U.S. Economic and National Security Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Texas Instruments (TI) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $1.6...

From August 16-17, the Department of Commerce’s U.S. Patent and Trademark Office (USPTO) will host Invention-Con 2024: Expanding your intellectual property potential. This free event provides resources and access to independent inventors, entrepreneurs, and small business owners whose success depends on guarding their creative work. Learn how accomplished innovators use intellectual property (IP)...

Two years ago today, President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in funding to bring semiconductor supply chains back to the U.S, create jobs, support American innovation, and protect our national security. To date, the Commerce Department has announced over $30 billion in proposed CHIPS private sector investments spanning 23...

Today, the U.S. Department of Commerce announced it will hold, with the Council on Foreign Relations, a Supply Chain Summit in Washington, D.C. on September 10, 2024. The Supply Chain Summit will explore efforts taken by government and industry to shift from reacting to global supply chain disruptions to proactively strengthening supply chain resilience. The Summit will gather leaders from...

On Monday, U.S. Secretary of Commerce Gina Raimondo convened a roundtable discussion with investors to discuss non-market actions from the People’s Republic of China (PRC) that threaten to distort the market for mature node (or “legacy”) semiconductors. Secretary Raimondo emphasized her concern that over the past few years, the U.S. has seen signs of concerning practices from the PRC to...

On July 24, the Department of Commerce Office of Faith-Based & Neighborhood Partnerships, in partnership with the United Way Worldwide and Public Democracy America, held the National Partnerships Summit 2.0.  Secretary Gina Raimondo, Deputy Secretary Don Graves, Assistant Secretary for the Economic Development Administration (EDA) Alejandra Castillo, and Acting Under Secretary of Commerce for...

Biden-Harris Administration’s Bipartisan CHIPS and Science Act Attracts All Five Major Leading-Edge Logic and Memory Companies to Produce Chips on U.S. Soil Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and SK hynix have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $450 million in proposed federal incentives under the CHIPS and...

Announcement underscores Biden-Harris Administration’s commitment to climate resiliency From sea level rise and storm surges to eroding infrastructure, coastal communities are on the frontlines of dealing with the worsening impacts of climate change. As part of the Biden-Harris Administration’s commitment to combatting the climate crisis, Commerce Secretary Gina Raimondo recently announced that...