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 ...

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 told his US Senate confirmation hearing he favors "across-the-board" tariffs while ...

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under ...

Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI." ...

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

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

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

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.

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