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Press releases

Secretary Raimondo and Minister Goyal Convene 6th U.S.-India Commercial Dialogue Meeting

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal convened the 6th ministerial level meeting of the U.S.-India Commercial Dialogue (Commercial Dialogue). The Secretary and the Minister took stock of the following achievements since the 5th ministerial meeting took place in March 2023 in New Delhi, India: Semiconductor Memorandum of...

Secretary Raimondo and Minister Goyal Co-Chair 2024 U.S.-India CEO Forum

Press releases
Today, the United States hosted the second in-person meeting of the U.S.-India Forum co-chaired by U.S. Secretary of Commerce Gina Raimondo and Minister of Commerce and Industry of India Piyush Goyal. The U.S.-India CEO Forum is a platform that convenes leaders of the U.S. and Indian business communities to develop and provide joint recommendations to strengthen bilateral commercial ties and...

Biden-Harris Administration to Invest up to $100 Million to Accelerate R&D and AI Technologies for Sustainable Semiconductor Materials

Press releases
Expected Investment Builds on CHIPS for America’s Sustainability Commitments to Workers, Stakeholders, and Industry Today, the U.S. Department of Commerce issued a Notice of Intent (NOI) to announce an open competition demonstrating how AI can assist in developing new sustainable semiconductor materials and processes that meet industry needs and can be designed and adopted within five years. For...

Registration Open for SelectUSA Investment Summit, Taking Place May 2025 in National Harbor, MD

Press releases
The U.S. Department of Commerce announced today that registration is now open for the 11th SelectUSA Investment Summit to be held May 11 - 14, 2025 at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the premier event dedicated to promoting foreign direct investment (FDI) in the United States, with a focus on connecting international...

Readout of Secretary Raimondo’s Meeting with Minister of External Affairs of India Subrahanyam Jaishankar

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahanyam Jaishankar. They discussed the U.S.-India CEO Forum and U.S.-India Commercial Dialogue, two Department of Commerce and Indian Ministry of Commerce and Industry-led initiatives that aim to strengthen the U.S.-India trade and investment relationship. They also commended the progress to date...

Biden-Harris Administration Launches NSTC Workforce Center of Excellence with Expected $250 Million Investment

Press releases
Includes an anticipated $11.5 million for the first workforce development awardees to address critical U.S. job and skill gaps across semiconductor research, design, manufacturing, and production WASHINGTON, D.C., September 25, 2024 – Today, the Biden-Harris Administration announced the launch of the National Semiconductor Technology Center’s (NSTC) Workforce Center of Excellence (WCoE), making a...

Biden-Harris Administration Announces First CHIPS Commercial Fabrication Facilities Award with Polar Semiconductor, Establishing Independent American Foundry

Press releases
CHIPS Investment Expected to Nearly Double U.S. Production Capacity of Sensor and Power Chips at Bloomington, Minnesota Manufacturing Facility Today, as part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Commerce announced its first award under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities of up to $123 million...

Secretary Raimondo, IPEF Ministers Welcome Upcoming Entry into Force of the Clean Economy Agreement, Fair Economy Agreement, and Agreement on the Indo-Pacific Economic Framework for Prosperity (IPEF) and Commit to Continued Progress at Virtual Ministerial

Press releases
WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo joined the Ministers from the 13 other Indo-Pacific Economic Framework for Prosperity (IPEF) partners, in their third Ministerial meeting this year on IPEF Pillars II, III, and IV. During the virtual meeting, Secretary Raimondo reflected on the significant progress made by the IPEF partners since the Ministers last met in Singapore in...