It is also to boost Commerce Secretary Howard Lutnick’s influence over the strategic sector. Read more at straitstimes.com.

The Trump administration is weighing a controversial plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects, according to two sources familiar with the matter, ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

U.S. Commerce Secretary Howard Lutnick said on July 24 that if China does not accept a deal from the U.S. to sell the app, TikTok will go dark again.

Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from ...

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Nvidia was blindsided earlier this year when the US government enacted tougher restrictions on selling artificial ...