Yesterday, Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (Committee) for the first time since being rechartered in November 2023. Secretary Raimondo welcomed new Committee members and thanked current members for renewing their commitment for two additional years. Members received updates from federal government interagency...

Yesterday, Secretary of Commerce Gina Raimondo met with German Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck to advance U.S.-German bilateral commercial relations and strengthen transatlantic ties. During their meeting, the Secretary reiterated Germany’s critical importance to the United States as an ally and commercial partner and discussed opportunities to...

Emphasizes Need to Produce Leading-Edge Chips for AI One year ago, U.S. Secretary of Commerce Gina Raimondo delivered a speech at Georgetown University’s School of Foreign Service where she outlined her vision in implementing President Biden’s historic CHIPS and Science Act. Last week, she provided an update on its implementation and announced that future projects will be prioritized based on...

Thank you to the Center for Strategic and International Studies for hosting us. Last February, the Commerce Department rolled out the funding applications for the CHIPS for America program. I said at the time that our effort mirrors the space race – and I meant it. President Kennedy’s historic call to put a man on the Moon spurred an unprecedented effort by the government, private sector, and...

Good afternoon! I’m so excited to be here. This is a big day and we owe so much of it to Leader Schumer, who was the driving force behind the CHIPS and Science Act. Thank you to your leader, Tom Caulfield. Thank you to Governor Hochul, who has been a steadfast ally; Representative Tonko, who has been an advocate for New York; and Lael Brainard, who is joining us from the White House. And finally –...

U.S. Secretary of Commerce Gina Raimondo will travel to Costa Rica next month to highlight the U.S.-Costa Rican bilateral commercial and investment relationship, and to underscore the need for diverse and resilient semiconductor supply chains. During her travel, the Secretary will address the need for geographical diversification of the semiconductor ecosystem to like-minded nations through...

Today the U.S. Department of Commerce released the 2023 update to its Equity Action Plan , in coordination with the Biden-Harris Administration’s whole-of-government equity agenda. This Equity Action Plan is part of the Department’s efforts to implement the President’s Executive Order on “ Further Advancing Racial Equity and Support for Underserved Communities Through The Federal Government ,”...

Thank you, Senator Warner. I am grateful to you and Representative Beyer for joining us today. Your leadership was essential to getting the CHIPS and Science Act passed and making the Innovation Fund happen. I also want to thank Assistant Secretary Davidson and the entire Innovation Fund team at NTIA for your terrific work standing up this program and funding projects like the one we’re here to...