Search results for U.S. Department of Commerce
Industry
Trump deems foreign-made robots, industrial machinery a national security threat, alarming U.S. manufacturers
U.S. President Donald Trump has labeled imports of foreign-made industrial robots a national security threat and ordered negotiations with trade partners to adjust imports. A proclamation said the United States could impose additional steps including tariffs, quotas and fees if no agreement is reached. The measure targets factory robots, industrial machinery and related parts used widely in manufacturing, raising cost concerns for U.S. firms that rely heavily on overseas suppliers such as Fanuc, ABB, Yaskawa and Kuka.
Industry
SK Hynix to livestream groundbreaking for Indiana packaging plant
SK Hynix said it will hold a groundbreaking ceremony at Purdue University in Indiana at 11 p.m. on Aug. 27 Korea time for an advanced packaging production base for AI memory. CEO Kwak Noh-jung and other SK Group executives, along with key Indiana officials, will attend. The company plans to livestream the event on YouTube. The site in West Lafayette involves a $3.87 billion investment, with mass production slated for the second half of 2028.
Crypto
U.S. Senate introduces quantum technology bill; will post-quantum cryptography adoption speed up
A U.S. Senate bill to support development of quantum technology has been submitted, with a focus on next-generation quantum sensors and strengthening supply chains. The proposal would require the Pentagon to designate three priority quantum sensor projects within 60 days and deploy them by Sept. 30, 2028. It also calls for joint plans with agencies and private companies. Attention is on a possible acceleration of post-quantum cryptography adoption and its impact on crypto security.
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Industry
U.S. biotech Axiom chooses Hong Kong over Nasdaq for first listing
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Industry
Rubidium supply crunch looms after semiconductors as quantum computing spreads
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AI & Enterprise
Nvidia cracks down on China circumvention, cuts over half of Asia AI chip customers
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Crypto
Nasdaq to distribute exclusive market data on-chain via Pyth
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AI & Enterprise
Anthropic Fable5 access restrictions to be lifted soon as U.S. government talks advance
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Industry
K-defense boom masks near-total reliance on imported defense semiconductors
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Industry
U.S. Congress introduces bill to tighten chip tool export controls to China, targeting ASML DUV