The CHIPS and Science Act was passed by Congress in August 2022, and authorized the Biden administration to distribute $53 ...

I can’t say that I can honor something I haven’t read,” Howard Lutnick, Trump’s nominee for commerce secretary, said of the binding CHIPS and Science Act awards in a confirmation hearing on Wednesday.

The European Central Bank (ECB) cut interest rates again yesterday and signaled more to come as the eurozone economy flatlines, while warning of trade tensions and uncertainty amid US President Donald ...

TAIPEI: Taiwan will consider supporting its domestic industry, the government said on Wednesday (Jan 29), after US President ...

U.S. President Donald Trump's nominee for Commerce secretary Howard Lutnick said on Wednesday that the Biden-era subsidies ...

Though the United States is the global leader in designing chips, the vast majority of chip production happens overseas, particularly in U.S.-ally Taiwan.

Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss ...

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model ...

Donald Trump's commerce secretary nominee said on Wednesday he favors "across-the-board" tariffs targeting countries rather than products.

The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of ...

SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence ...

A powerful new AI tool created by a Chinese start-up that sent shockwaves through Wall Street and Silicon Valley has put ...