Commerce Secretary Gina Raimondo says Donald Trump is a president-elect who for all of his aggressive talk is afraid to let America compete with the rest of the world, responding instead with tariffs and curtailing immigration.

Tuesday’s award means that 18 tech hubs have now received a total of $720 million in federal funding, though there are 31 tech hubs in all, which were first unveiled back in October 2023. The 31 hubs have received more than $6 billion in public and private investments, according to the Commerce Department.

The United States is going to ban Russian and Chinese software in vehicles, according to the Department of Commerce, due to national security concerns.

The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.

The move comes 11 months after the Commerce Department launched an investigation into the national security risks from Chinese vehicle technology.

Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

The so-called AI diffusion rule from Commerce’s Bureau of Industry and Security faced swift pushback from industry.

T SMC has started producing chips at its Fab 21 near Phoenix, Arizona, using its 4nm-class process technology, Commerce Secretary Gina Raimondo told Reuters. This marks the first

The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of the tech to China despite existing restrictions.

The Biden Administration has finalised rules that will effectively ban Russian and Chinese software and hardware in vehicles sold in the United States, in a move that could have a huge global impact.

Your weekend briefing on local politics and more.