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Biden-Harris Administration Announces Preliminary Terms with TSMC, Expanded Investment from Company to Bring World’s Most Advanced Leading-Edge Technology to the U.S.

Press releases
With Up to $6.6 Billion in Proposed CHIPS Direct Funding, TSMC Announces 2 Nanometer Technology at Second Fab and a New Third Fab to Produce 2 Nanometer or More Advanced Chips Proposed CHIPS Investment in Arizona Would Support AI, High-Performance Computing, 5G/6G Communications, and More Applications Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC...

Women in STEM: Representation Matters

By Laurie Locascio , Under Secretary of Commerce for Standards and Technology and director of the National Institute of Standards and Technology (NIST) Growing up as a scientist, I did not see role models who looked like me. I grew up in a small town where my father was a physicist — and my role model. He nurtured me to be a scientist just like him. I am so grateful he did not have different...

Remarks by Commerce Secretary Gina Raimondo at the Intel Announcement

Good afternoon. It’s a big day here in Arizona. It’s also a big day in Ohio, New Mexico, and Oregon. In fact, it’s a monumental day for the country because today we mark one of the largest investments ever in the history of U.S. semiconductor manufacturing. I want to begin by thanking all the hardworking people making this possible – starting with the building trades who are working hard to build...

Readout of Secretary Raimondo’s Meeting with the Advisory Committee on Supply Chain Competitiveness

Press releases
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...

One Year Later: Secretary Raimondo Reiterates Need for America to Lead on CHIPS in Protecting America’s Economic and National Security

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...

U.S. Secretary of Commerce Gina Raimondo to Travel to Costa Rica to Highlight Bilateral Commercial Relationship, Underscore Need for Diverse Semiconductor Supply Chains

Press releases
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...

Commerce Secretary Gina Raimondo Hosts Launch of HBCU CHIPS Network to Build a Skilled and Diverse Workforce in Producing Semiconductors

Network Expected to Provide Access and Opportunity for Black Americans Coinciding with Black History Month, Commerce Secretary Gina Raimondo hosted the launch of the HBCU CHIPS Network yesterday, a collaboration between several Historically Black Colleges and Universities (HBCUs) and the Georgia Institute of Technology. This collaboration will help coordinate the resources of these colleges and...

Year in Review: Commerce’s Top Stories of 2023

As we welcome 2024, we have compiled a list of the top stories which not only generated the most attention in 2023, but also encompassed the Commerce Department’s mission to create conditions for economic growth and opportunity for all Americans. These stories reflect many of Commerce’s top priorities and accomplishments for the year including bringing affordable, reliable high-speed Internet...

Commerce Department Announces Industrial Base Survey of American Semiconductor Supply Chain

Press releases
Commerce takes action to bolster the U.S. semiconductor supply chain and protect U.S. national security Today, the U.S. Department of Commerce announced it will launch a new survey in January 2024 that will serve as a foundation for continued analysis of the capabilities and challenges of the broader U.S. semiconductor supply chain and national defense industrial base. The intent of the survey is...

Readout of Secretary Raimondo’s Meeting with Spanish Minister for Digital Transformation José Luis Escrivá

Press releases
Today, Secretary of Commerce Gina Raimondo met with Spain’s Minister of Digital Transformation, José Luis Escrivá. During the meeting, Secretary Raimondo emphasized the importance of cooperation between the United States and Spain to support a reliable and resilient global semiconductor industry. The two also discussed shared policy goals on artificial intelligence.