Commerce Secretary Howard Lutnick said that the agency on Monday will take over $7.4 billion in funds for semiconductor research overseen by a nonprofit established under the Biden administration after claiming the organization was created “illegally.”   […]

The Department of Commerce and its Natcast nonprofit have designated Arizona State University (ASU) Research Park as the third location in the U.S. for establishment of a CHIPS for America research and development center.  […]

The Department of Commerce and Natcast, the operator of the National Semiconductor Technology Center (NSTC), announced this week the first two expected locations that will house CHIPS for America research and development (R&D) flagship facilities. […]