Tag: chips
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Commerce Department ‘renegotiating’ CHIPS Act contracts
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. The Commerce Department is renegotiating some of the multibillion-dollar contracts to chipmakers funded by the CHIPS and Science Act, Secretary Howard Lutnick said during a congressional budget hearing Wednesday. Lutnick said that he’s pushing for funding levels that…
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Nvidia to spend $500B to manufacture AI chips in US
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Nvidia will manufacture some of its artificial intelligence chips in the United States for the first time, the company announced on Monday. The chipmaker, which previously produced most of its chips in Taiwan, plans to invest up…