On Tuesday, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Intel Corporation up to $7.865 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.
President-elect Donald Trump announced Tuesday he will nominate transition co-chair and billionaire businessman Howard Lutnick as the country’s next secretary of Commerce, a position that will have a hand in shaping Trump’s tariff policies.
The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), announced the designation of 31 Tech Hubs in regions across the country — three of which are in in the Appalachian Region.