Earlier this week, the Department of Commerce released an alarming report confirming that the semiconductor supply chain remains fragile and it is essential that Congress move swiftly to pass the President’s proposed $52 billion in chips funding as soon as possible. With demand for chips continuing to outpace supply of these critical inputs, many manufacturing fabs are running at more than 90%...

Following the Biden Administration’s first-ever interagency convening on economic growth , Deputy Secretary of Commerce Don Graves and Office of Personnel Management (OPM) Director Kiran Ahuja hosted a virtual roundtable to bring leaders together to discuss ways to reinvent the federal workforce through the lens of equity and make the federal government the model employer. Deputy Secretary Graves...

Today, following the House’s introduction of the America Competes Act to rebuild the domestic semiconductor manufacturing industry, strengthen supply chains, and invest in critical research, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “I want to thank Speaker Pelosi and the Committees for all their work to introduce this legislation, which includes essential...

Today, the U.S. Department of Commerce released the results from the Risks in the Semiconductor Supply Chain Request for Information (RFI) issued in Sept. 2021 . Key findings from the report provided data-driven information about the depths of the semiconductor shortage and underscored the need for the President’s proposed $52 billion in domestic semiconductor production. The RFI showed that...

The U.S. Department of Commerce is calling for information that will guide programs designed to support a strong domestic semiconductor industry. The Request for Information published today in the Federal Register asks for input to inform the planning and design of potential programs to incentivize investment in semiconductor manufacturing facilities and associated ecosystems; provide for shared...

U.S. Secretary of Commerce Gina Raimondo and Deputy Secretary of Commerce Don Graves released the following statements today after Intel announced it would be investing $20 billion to build two semiconductor facilities outside Columbus, Ohio, and create 3,000 Intel jobs, and 7,000 construction jobs over the course of the build. Statement from Secretary Gina M. Raimondo: “This investment is a big...

Today, United States Secretary of Commerce Gina M. Raimondo and National Economic Council Chair Brian Deese addressed newly appointed members of the Advisory Committee on Supply Chain Competitiveness (ACSCC) during their quarterly meeting. During the meeting, Raimondo and Deese discussed the Biden-Harris administration’s supply chain policies and initiatives, as well as shared goals for the newly...

United States Secretary of Commerce Gina M. Raimondo, United States Trade Representative Katherine Tai and United Kingdom Secretary of State for International Trade Anne-Marie Trevelyan today announced the start of bilateral discussions to address global steel and aluminum excess capacity, including the United States’ application of tariffs on imports from the United Kingdom under Section 232 and...