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Per Bloomberg (Alternate sources: CNBC and Reuters), the Trump Administration is weighing the US government potentially buying a stake in Intel. As CNBC reports:
Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including Taiwan Semiconductor Manufacturing Company and Samsung also have U.S. factories. President Donald Trump has called for more chips and high technology to be manufactured in the U.S.
The government's stake would help fund factories that Intel is currently building in Ohio, according to the report.
This comes a week after Donald Trump called for Intel CEO Lip-Bu Tan to resign. While the reason behind Trump's call for Tan's resignation was not entirely clear, it is believed that it was due to Tan's investments in Chinese businesses. From CBS:
"The CEO of Intel is highly CONFLICTED and must resign, immediately," Mr. Trump posted on Truth Social, without providing additional details. "There is no other solution to this problem. Thank you for your attention to this problem!"
The president's call for Tan's resignation comes after Sen. Tom Cotton, a Republican from Arkansas, sent a letter to Intel Chairman Frank Yeary on Tuesday expressing concern over Tan's investments and ties to Chinese businesses.
"Mr. Tan reportedly controls dozens of Chinese companies and has a stake in hundreds of Chinese advanced-manufacturing and chip firms," Cotton wrote in the letter. "At least eight of these companies reportedly have ties to the Chinese People's Liberation Army."
Tan is an American citizen who was born in Malaysia, spent his youth in Singapore, and attended graduate school at MIT where he received a degree in nuclear engineering. Despite the comments about Tan last week, Trump's position on Tan remaining CEO of Intel seemed to soften earlier this week following a meeting between them (Alternate sources: AP and CNBC). From the New York Times article:
After the afternoon meeting at the White House, Mr. Trump posted on Truth Social that his discussion with Mr. Tan "was a very interesting one," though he did not elaborate. Mr. Trump said that Mr. Tan and cabinet members would meet next week and "bring suggestions to me," adding that the Intel chief's "success and rise is an amazing story."
Mr. Trump's post appeared to signal that he was changing his mind about any national security risk posed by Mr. Tan, 65, who became Intel's chief executive in March. Mr. Trump's call last week for Mr. Tan to resign, citing his past investments in Chinese companies, was one of the first times the president had attempted to directly intervene to change the leadership at a major publicly traded company.
The report that the Trump Administration is considering purchasing a stake in Intel seems to be a continuation of Trump's change in attitude toward the company and its CEO. In response to the Bloomberg report, Intel's stock surged 7% on Thursday. This is a developing story, and the White House has not yet commented.
Trump caving on Nvidia H20 export curbs may disrupt his bigger trade war:
The next front in Donald Trump's trade war will be chip tariffs—which could come by next month—but national security experts are warning that the president may have already made a huge misstep that threatens to disrupt both US trade and national security.
In a letter Monday to Department of Commerce Secretary Howard Lutnick, 20 policymakers and professionals with a background in national security policy urged Trump to reverse course and block exports of Nvidia's H20 chips to China.
In April, the Trump administration decided against imposing additional export curbs on H20 chips after Nvidia CEO Jensen Huang paid $1 million for a seat at a Mar-a-Lago dinner, NPR reported. Apparently, Nvidia's promise to invest $500 billion in AI data centers helped persuade Trump to change course, as did the terms of a temporary truce with China, in which the US promised to halt H20 chip controls in exchange for China restoring imports of rare earth minerals into the US.
In their letter, national security experts expressed "deep concern" that Trump may not have considered how Nvidia's H20 chips could endanger the US military's "edge in artificial intelligence" while serving as a "potent accelerator of China's frontier AI capabilities."
While these chips can't be used for AI training like the Blackwell and H100 chips still restricted by export curbs, they're "optimized for inference, the process responsible for the dramatic capabilities gains made by the latest generation of frontier AI reasoning models," experts warned.
Most likely, China will use the chips for AI models deployed by its military to "enable autonomous weapons systems, intelligence surveillance platforms, and rapid advances in battlefield decision-making," experts said. In that way, "by supplying China with these chips, we are fueling the very infrastructure that will be used to modernize and expand the Chinese military," they warned.
The Trump administration is notably investigating how chip tariffs and imports could harm national security, with a report due out in two weeks, Lutnick announced today. That report will supposedly help Trump determine if relying too much on other countries for chips poses a national security threat.
But experts seem to fear that Trump isn't paying enough attention to how exports of US technology could threaten to not only supercharge China's military and AI capabilities but also drain supplies that US firms need to keep the US at the forefront of AI innovation.
"More chips for China means fewer chips for the US," experts said, noting that "China's biggest tech firms, including Tencent, ByteDance, and Alibaba," have spent $16 billion on bulk-ordered H20 chips over the past year.
Meanwhile, "projected data center demand from the US power market would require 90 percent of global chip supply through 2030, an unlikely scenario even without China joining the rush to buy advanced AI chips," experts said. If Trump doesn't intervene, one of America's biggest AI rivals could even end up driving up costs of AI chips for US firms, they warned.
"We urge you to reverse course," the letter concluded. "This is not a question of trade. It is a question of national security."
Perhaps the bigger problem for Trump, national security experts suggest, would be if China or other trade partners perceive the US resolve to wield export controls as a foreign policy tool to be "weakened" by Trump reversing course on H20 controls.
They suggested that Trump caving on H20 controls could even "embolden China to seek additional access concessions" at a time when some analysts suggest that China may already have an upper hand in trade negotiations.
The US and China are largely expected to extend a 90-day truce following recent talks in Stockholm, Reuters reported. Anonymous sources told the South China Morning Post that the US may have already agreed to not impose any new tariffs or otherwise ratchet up the trade war during that truce, but that remains unconfirmed, as Trump continues to warn that chip tariffs are coming soon.
Trump has recently claimed that he thinks he may be close to cementing a deal with China, but it appears likely that talks will continue well into the fall. A meeting between Trump and Chinese President Xi Jinping probably won't be scheduled until late October or early November, Reuters reported.
For Trump, appearing weak on export controls could give China leverage. China's sticking point in negotiations is seemingly that the US is trying to stunt its growth through the trade war, Reuters noted. And a recent editorial in the People's Daily, "the mouthpiece of China's ruling Communist Party," insisted that China remains "firmly opposed to any attempt to undermine the multilateral trading system through unilateralism and protectionism" like US export curbs, Reuters reported.
Since Trump already backed down from export curbs once, experts fear he may never revive the H20 curbs, possibly choosing to prioritize closing a potential trade deal with China over safeguarding national security. If other countries perceive that "tension"—that Trump will sacrifice national security priorities for trade war wins—it could result in more unfavorable outcomes, heightening national security risks in Trump's other trade deals, experts suggested.
For national security experts, it seems the time has come to scrutinize just how much Trump knows about AI or else risk "a strategic misstep that endangers the United States' economic and military edge" in AI—"an area increasingly seen as decisive in 21st-century global leadership."
Their doubts about Trump's understanding of the AI industry may be warranted, given an eyebrow-raising admission Trump made while unveiling his AI Action Plan last week.
During his speech, Trump confessed that he had threatened to break up Nvidia before he even knew what one of the world's most valuable AI companies even did, Tom's Hardware reported.
Calling Nvidia's Huang an "amazing" AI industry leader, Trump said he made the threat "before I learned the facts of life"—basically that a breakup would be "very hard" since Nvidia has somewhere between 70 to 95 percent of the market share for AI chips. Since Trump campaigned on using tariffs to strong-arm tech companies into diverting manufacturing into the US—partly to win the AI race—it seems surprising that he wouldn't be aware of the leading AI chip firm that depends heavily on both US and Chinese markets.
"I said, 'What the hell is Nvidia?' I've never heard of it before," Trump said just days ago. "I figured we could go in and we could sort of break them up a little bit, get them a little competition, and I found it's not easy in that business."
USA bombs Fordow, Natanz, and Isfahan
US President Donald Trump says American forces have conducted "very successful" strikes on Iranian nuclear facilities at Fordow, Natanz, and Isfahan and that all US planes are now out of Iranian airspace.
Trump's Truth Social
"We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter."
[Updated 22 Jun 1313z - following statements by Secretary of Defence and Chairman of the Joint Chiefs of Staff--JR]
Operation Midnight Hammer
75 x TLAMs - Precision Guided Weapons (PGW), 14 x MOPs GBU-57 used by 7 B2s, operational feint by sending 6 x B2s westward into the Pacific area, 7 x B2s continued eastwards. The B2s are still airborne and were observed refuelling over the Azores a few hours ago on FlightRadar24 (at least 18 tanker aircraft operating racetracks but the B2s were still radio silent). TLAMs were also fired by USN assets in the southern Persian Gulf. Over 120 aircraft involved in the mission including F16, F22, F35, ISTAR, AAR. Battle damage assessment will take time to collect and analyse.
US forces involved in the attack were not engaged and appear to have achieved total surprise. All assets are accounted for but some are still airborne.
The Real ID Act was passed in 2005 on the grounds that it was necessary for access control of sensitive facilities like nuclear power plants and the security of airline flights. The law imposed standards for state- and territory-issued ID cards in the United States, but was widely criticized as an attempt to create a national ID card and would be harmful to privacy. These concerns are explained well in a 2007 article from the New York Civil Liberties Union:
Real ID threatens privacy in two ways. First, it consolidates Americans' personal information into a network of interlinking databases accessible to the federal government and bureaucrats throughout the 50 states and U.S. territories. This national mega-database would invite government snooping and be a goldmine for identity thieves. Second, it mandates that all driver's licenses and ID cards have an unencrypted "machine-readable zone" that would contain personal information on Americans that could be easily "skimmed" by anybody with a barcode reader.
These concerns are based on what happens when criminals access the data, but also how consolidating data from many government agencies into a central database makes it easier for bad actors within the government to target Americans and violate their civil liberties. These concerns led to a 20 year delay in enforcing Real ID standards nationally, and as a USA Today article from 2025 warns, once Americans' data is stored on a central repository for one purpose, mission creep is likely. If the centralized database is used to make student loan applications and income tax processing more efficient, what's to stop law enforcement from accessing it to identify potential criminals? Over the past two decades, criticism of the Real ID Act has come from across the political spectrum, with many people and organizations on both the left and right decrying it as a serious threat to privacy and civil liberties.
Much of these concerns have never been realized about the Real ID Act, but they are renewed with Executive Order #14143, signed by Donald Trump on March 20, 2025. This directs for the sharing of government data between agencies except when it is classified for national security purposes. The executive order does not include any provisions to protect the privacy of individuals.
Although Trump has not commented on how this data sharing will be achieved, the Trump Administration has hired a company called Palantir to create a central registry of data, which would include a national citizen database. Recent reporting describes a database with wide-ranging information about every American that is generally private:
Foundry's capabilities in data organization and analysis could potentially enable the merging of information from various agencies, thereby creating detailed profiles of American citizens. The Trump administration has attempted to access extensive citizen data from government databases, including bank details, student debt, medical claims, and disability status.
Palantir does not gather data on their own, but they do provide tools to analyze large repositories of data, make inferences about the data, and provide easy-to-use reports. There are serious concerns about the lack of transparency about what data is being integrated into this repository, how it will be used, the potential for tracking people in various segments of the population such as immigrants, and the ability to use this data to target and harass political opponents. Concerns about how Trump's national citizen database will be used echo fears raised from across the political spectrum about the Real ID Act, except that they are apparently now quite close to becoming reality.
Additional reading:
Arthur T Knackerbracket has processed the following story:
The head of the US Copyright Office has reportedly been fired, the day after agency concluded that builders of AI models use of copyrighted material went beyond existing doctrines of fair use.
The office’s opinion on fair use came in a draft of the third part of its report on copyright and artificial intelligence. The first part considered digital replicas and the second tackled whether it is possible to copyright the output of generative AI.
The office published the draft [PDF] of Part 3, which addresses the use of copyrighted works in the development of generative AI systems, on May 9th.
The draft notes that generative AI systems “draw on massive troves of data, including copyrighted works” and asks: “Do any of the acts involved require the copyright owners’ consent or compensation?”
That question is the subject of several lawsuits, because developers of AI models have admitted to training their products on content scraped from the internet and other sources without compensating content creators or copyright owners. AI companies have argued fair use provisions of copyright law mean they did no wrong.
As the report notes, one test courts use to determine fair use considers “the effect of the use upon the potential market for or value of the copyrighted work”. If a judge finds an AI company’s use of copyrighted material doesn’t impact a market or value, fair use will apply.
The report finds AI companies can’t sustain a fair use defense in the following circumstances:
When a model is deployed for purposes such as analysis or research… the outputs are unlikely to substitute for expressive works used in training. But making commercial use of vast troves of copyrighted works to produce expressive content that competes with them in existing markets, especially where this is accomplished through illegal access, goes beyond established fair use boundaries.
The office will soon publish a final version of Part 3 that it expects will emerge “without any substantive changes expected in the analysis or conclusions.”
Tech law professor Blake. E Reid described the report as “very bad news for the AI companies in litigation” and “A straight-ticket loss for the AI companies”.
Among the AI companies currently in litigation on copyright matters are Google, Meta, OpenAI, and Microsoft. All four made donations to Donald Trump’s inauguration fund.
Reid’s post also pondered the timing of the Part 3 report – despite the office saying it was released “in response to congressional inquiries and expressions of interest from stakeholders” – and wrote “I continue to wonder (speculatively!) if a purge at the Copyright Office is incoming and they felt the need to rush this out.”
Reid looks prescient as the Trump administration reportedly fired the head of the Copyright Office, Shira Perlmutter, on Saturday.
Representative Joe Morelle (D-NY), wrote the termination was “…surely no coincidence he acted less than a day after she refused to rubber-stamp Elon Musk’s efforts to mine troves of copyrighted works to train AI models.”
[...] There’s another possible explanation for Perlmutter’s ousting: The Copyright Office is a department of the Library of Congress, whose leader was last week fired on grounds of “quite concerning things that she had done … in the pursuit of DEI [diversity, equity, and inclusion] and putting inappropriate books in the library for children," according to White House press secretary Karoline Leavitt.
So maybe this is just the Trump administration enacting its policy on diversity without regard to the report’s possible impact on donors or Elon Musk.
The XKCD cartoon 'PhD Timeline' ( https://xkcd.com/3081/ ) with its rollover, protests.
Harvard University is pushing back via a lawsuit against micromanagement and censorship attempts emanating from the White House.
What is the rationale for the IRS revisiting Harvard's exemption status? A theory is needed, because section 501(c)(3) of the federal tax code says that an organization "shall"—not "may"—be exempt from taxation if it meets criteria listed in the statute. One of those criteria is for an institution to be organized exclusively for "educational purposes."
- — The Conservative Case for Leaving Harvard Alone. The Atlantic.
The university's sudden decision to stand up, according to insiders, wasn't the plan a week earlier—and came about because the White House sent a list of demands so detailed, so humiliating, and so crudely anti-intellectual that Harvard was left with no option but to reject it. (There is growing suspicion here that Trump's demands were deliberately crafted to be rejected, setting the stage for more Trumpian melodrama and hysteria.)
- — Harvard Stands Up. The Nation.
The Harvard Crimson has started to cover this lawsuit:
"The tradeoff put to Harvard and other universities is clear: Allow the Government to micromanage your academic institution or jeopardize the institution's ability to pursue medical breakthroughs, scientific discoveries, and innovative solutions," Harvard's lawyers wrote in the Monday filing.
The 51-page complaint, filed in a United States district court, asks for the court to halt and declare unlawful the $2.2 billion freeze, as well as any freezes made in connection with "unconstitutional conditions" in the Trump administration's April 3 and April 11 letters outlining demands to Harvard.
- — Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze. The Harvard Crimson.
The story has been picked up around the world:
Harvard sued US President Donald Trump's administration Monday in a sharp escalation of the fight between the prestigious university and the Republican, who has threatened its funding and sought to impose outside political supervision.
The Massachusetts-based Harvard is suing the Trump administration to halt the freeze of over $2 billion (almost €1.75 billion) in federal grants. Trump freezes over $2 billion in Harvard University funds
"The tradeoff put to Harvard and other universities is clear: Allow the Government to micromanage your academic institution or jeopardize the institution's ability to pursue medical breakthroughs, scientific discoveries, and innovative solutions," university attorneys wrote in the suit, as per The Harvard Crimson.
- — Harvard University sues Trump administration. Deutsche Welle.
In its lawsuit, Harvard said the funding freeze violated its First Amendment rights and the statutory provisions of Title VI of the Civil Rights Act. The freeze, according to the lawsuit, was also "arbitrary and capricious and in violation of the Administrative Procedure Act."
The lawsuit follows one filed earlier this month by the American Association of University Professors demanding that a federal judge declare unlawful and put aside a pending review and investigation of Harvard's funding.
"The Government's actions flout not just the First Amendment, but also federal laws and regulations," said the complaint, which called Trump's actions "arbitrary and capricious."
Trump is furious at Harvard for rejecting government supervision of its admissions, hiring practices and political slant and last week ordered the freezing of $2.2 billion in federal funding to the storied institution.
The lawsuit calls for the freezing of funds and conditions imposed on federal grants to be declared unlawful, as well as for the Trump administration to pay Harvard's costs.
Driving the news: Harvard President Alan Garber said in a message to the campus community Monday that the "consequences of the government's overreach will be severe and long-lasting" and accused the administration of trying to impose "unprecedented and improper control."
In a 51-page complaint filed in Massachusetts federal court, the prestigious Ivy League college accused the federal government of using the withholding of federal funding as "leverage to gain control of academic decisionmaking at Harvard."
"Defendants' actions threaten Harvard's academic independence and place at risk critical lifesaving and pathbreaking research that occurs on its campus. And they are part of a broader effort by the government to punish Harvard for protecting its constitutional rights," the university says in the lawsuit.
- — Harvard sues White House over multibillion-dollar cuts to research funding. Courthouse Newws.
Previously:
(2020) Trump Admin Caves to Harvard and MIT, Won't Deport Online-Only Students
(2020) New Rules: Foreign Pupils Must Leave US if Classes Go Online-Only
The Israeli spyware maker, still on the US Commerce Department's "blacklist," has hired a new lobbying firm with direct ties to the Trump administration, a WIRED investigation has found:
Shortly after Donald Trump declared victory in November, NSO Group cofounder and majority owner Omri Lavie rushed to X to congratulate him, speaking of a "new chapter where the world goes back to common sense," while accusing the outgoing Biden administration of being "weak." In another tweet, he gushed in Hebrew that Republicans "won in every category: the presidency, Congress, Senate, and the popular vote."
Lavie's enthusiasm is understandable. His company—frequently associated with alleged human rights abuses, most recently in February when journalists in Serbia were targeted with its Pegasus spyware—had a significant stake in a Trump victory, with the hopes of regaining the ability to freely do business with US entities. In a comment to Amnesty International, NSO stated, in part, that its "commitment to maintain the highest standard of ethical conduct as well as confidentiality towards our customers is paramount and is consistent with industry norms and our legal obligations."
The Israeli spyware vendor has been on the US Commerce Department's "blacklist" for more than three years, meaning it cannot do business with US companies without specific government approval. NSO Group poured at least $1.8 million into an aggressive pre-election lobbying effort, focusing primarily on Republican senators and representatives, with some meetings occurring as often as eight times. Yet the company remains on the Entity List.
Now, with a new occupant in the White House, NSO Group appears to be shifting its political strategy.
The company seems to have either terminated or altered its engagement with several of its previous lobbying consultancies in Washington—some of which were closely aligned with the Democrats—and has started working with a key new lobbying partner: the Vogel Group.
Founded by Alex Vogel, who served as chief counsel to former Senate majority leader Bill Frist, the Vogel Group is providing NSO Group with "strategic advisory on cybersecurity policy matters," according to lobbying disclosure documents filed on March 10.
[...] NSO Group's recent lobbying efforts appear to have mainly focused on Republican lawmakers, more than executive branch power players, particularly as the Biden administration had been engaged in a crackdown on commercial spyware. The company previously worked with several lobbying contractors, with whom it appears to have either terminated or altered its registrations.
[...] As of early March—before Vogel Group's registration as a lobbyist for NSO Group—there had been no indication that the Trump administration intended to remove the company from the Entity List, according to a source familiar with the administration's moves regarding spyware, who asked not to be named in order to discuss confidential matters. However, recent comments by NSO Group's Lavie soft-peddled the impact of the Entity List on the company's ability to operate in the US.
[...] Lobbying efforts can target different parts of the US government. By lobbying the executive branch (the president and agencies), lobbyists can influence how laws are enforced rather than what the laws say. In contrast, when lobbying Congress, the focus is on passing, blocking, or amending laws by influencing legislators.
[...] Asked whether the Trump administration intends to uphold the EO, White House press secretary Karoline Leavitt declined to comment.
"Much is at stake if the US revokes Executive Order 14093, an order that sets standards on US acquisition of spyware, as access to the US market, and US purchasing power, are great tools in shaping the global scope and scale of the market for spyware," says Jen Roberts, the Atlantic Council's associate director of the Cyber Statecraft Initiative and coauthor of a recent major report on the commercial spyware industry. Roberts also highlighted the need to better regulate US outbound investment into such technologies.
During Trump's first term, the FBI secretly acquired the Pegasus spyware for limited testing in 2019 and seriously contemplated its operational deployment; while during the final months of the administration in 2020, the US initiated a deal that financed the purchase of the Israeli spyware for Colombian security forces, according to the Colombian ambassador to the US and reported by Drop Site News. (The deal was finalized in 2021, after Trump left office.) In an official statement, NSO Group confirmed its dealings with Colombia but denied claims that the software was purchased irregularly. The New York Times also reported that in 2018 the CIA had purchased Pegasus for the government of Djibouti to conduct counterterrorism operations, while the Secret Service held discussions with NSO Group the same year.
[...] Experts closely monitoring the commercial spyware industry are raising the alarm about the prospect of NSO Group regaining business under Trump—further exacerbated by new reports that the company has been simultaneously pushing its interests on the international stage through the so-called Pall Mall Process, a UK- and France-led initiative to regulate such technologies.
"NSO has become a toxic brand that is widely associated not just with human rights abuses but also with national security threats to US, UK, France, and other countries," says Natalia Krapiva, senior tech-legal counsel at civil-liberties-focused nonprofit Access Now.
Lainer, the NSO Group spokesperson, tells WIRED that the company "complies with all laws and regulations and sells only to vetted intelligence and law enforcement agencies, which use these technologies daily to prevent crime and terror attacks." Lainer adds that NSO "has initiated and implemented the industry's leading compliance and human rights program, which protects against misuse by government entities and investigates all credible claims of misuse"
Ultimately, the current administration will have the final say on how the US regulates NSO Group.
Senator Ron Wyden of Oregon, who has actively worked to address concerns related to surveillance and spyware, tells WIRED that "the Biden Administration blacklisted NSO" because its tool was used to "maliciously targeting journalists, human rights workers, and even US government officials around the world on behalf of foreign dictators and making all Americans less safe."
"If Donald Trump puts the NSO Group back in business," Wyden adds, "he'll be directly responsible for opening up new threats to our national security and enabling atrocities by foreign dictators."
Arthur T Knackerbracket has processed the following story:
More doubt is being cast over the US CHIPS Act program with the Trump administration threatening to halt payments unless companies in line to receive funding commit to substantially expand their own investments.
President Donald Trump has issued an Executive Order to establish a new office within the Department of Commerce titled the United States Investment Accelerator.
The office's aim is "to encourage companies to make large investments in the United States," and among its powers will be oversight of the CHIPS Program to maximize the benefits for taxpayers, the White House states.
This move follows earlier calls by President Trump to scrap CHIPS Act funding entirely, and any remaining money to be allocated to cutting federal debt.
According to reports, Secretary of Commerce Howard Lutnick has indicated that he intends to withhold CHIPS Act grants already agreed in order to push the companies involved to substantially expand the projects they have planned.
The aim is to force semiconductor makers promised grants and subsidies for building new manufacturing facilities on American soil to invest even more, without increasing the size of federal grants. This follows the example of TSMC, which earlier this month pledged to spend $100 billion to expand its US fabrication plants.
However, that $100 billion figure disclosed by TSMC chief CC Wei during his meeting with Trump was merely an estimated price tag for plans the company had in the pipeline anyway. Intel's former boss, Pat Gelsinger, also pointed out recently that while TSMC is building fabs in the US, it is keeping its research and development in Taiwan.
"If you don't have R&D in the US, you will not have semiconductor leadership in the US," Gelsinger said at the end of last week.
His old company finalized an agreement with the Department of Commerce in November to receive up to $7.86 billion from the CHIPS Act, which would make it the largest beneficiary of the federal government's cash, if it actually receives it all.
That was also conditional on Intel retaining control of its foundries, amid talk that the troubled Santa Clara-based biz was potentially looking to spin them off as part of a restructure. Intel has since announced it is delaying some of its fab buildout, such as pushing back the completion of its $28 billion Ohio plant until at least 2030.
Gelsinger had previously stated that without CHIPS Act funding, Intel would continue to build new fabs in Arizona and Ohio, however the expansion would take longer, and it wouldn't be as comprehensive.
Along with import tariffs on chips, the tough approach the Trump administration is taking with semiconductor makers is likely to lead to more uncertainty in the tech industry. This has already caused mayhem in the PC business, with costs increasing and customers rethinking purchases.
Richard Gordon, Vice President and Practice Lead, Semiconductors, The Futurum Group, referred to AMD's Lisa Su's comments about the impact of tariffs, remarking that Su appeared to be "waiting to see how things pan out in the coming weeks / months before coming to any major conclusions ... and I think that's the only sensible way to deal with Trump."
Gordon added: "The threats about withholding CHIPS Act Funding are largely rhetorical and designed to keep up the pressure on the US semis companies IMO. I think the threats are unnecessary and won't make much difference because US companies are already rapidly re-shoring, as Lisa mentions...
"In terms of investment generally, it's always been my view that semis companies will invest regardless of government handouts because if they don't they won't be around for long. It's nice to have handouts and companies will gladly accept them (depending on the strings attached) but often they only serve to prop up weaker companies."
In addition to overseeing the CHIPS Act, the Investment Accelerator office will try to cut through bureaucracy to ensure that businesses can quickly deploy capital and create jobs, according to the White House.
"By streamlining processes, the Accelerator will attract both foreign and domestic investment, reinforcing America's position as the premier destination for large-scale investment," it claimed.
As well as scrapping some subsidies previously agreed, the Commerce Secretary may consider initiating a separate 25 percent tax credit from the CHIPS Act.
https://www.wired.com/story/federal-trade-commission-removed-blogs-critical-of-ai-amazon-microsoft/
The Trump administration's Federal Trade Commission has removed four years' worth of business guidance blogs as of Tuesday morning, including important consumer protection information related to artificial intelligence and the agency's landmark privacy lawsuits under former chair Lina Khan against companies like Amazon and Microsoft. More than 300 blogs were removed.
On the FTC's website, the page hosting all of the agency's business-related blogs and guidance no longer includes any information published during former president Joe Biden's administration, current and former FTC employees, who spoke under anonymity for fear of retaliation, tell WIRED. These blogs contained advice from the FTC on how big tech companies could avoid violating consumer protection laws.
One now deleted blog, titled "Hey, Alexa! What are you doing with my data?" explains how, according to two FTC complaints, Amazon and its Ring security camera products allegedly leveraged sensitive consumer data to train the ecommerce giant's algorithms. (Amazon disagreed with the FTC's claims.) It also provided guidance for companies operating similar products and services. Another post titled "$20 million FTC settlement addresses Microsoft Xbox illegal collection of kids' data: A game changer for COPPA compliance" instructs tech companies on how to abide by the Children's Online Privacy Protection Act by using the 2023 Microsoft settlement as an example. The settlement followed allegations by the FTC that Microsoft obtained data from children using Xbox systems without the consent of their parents or guardians.
"In terms of the message to industry on what our compliance expectations were, which is in some ways the most important part of enforcement action, they are trying to just erase those from history," a source familiar tells WIRED.
Another removed FTC blog titled "The Luring Test: AI and the engineering of consumer trust" outlines how businesses could avoid creating chatbots that violate the FTC Act's rules against unfair or deceptive products. This blog won an award in 2023 for "excellent descriptions of artificial intelligence."
The Trump administration has received broad support from the tech industry. Big tech companies like Amazon and Meta, as well as tech entrepreneurs like OpenAI CEO Sam Altman, all donated to Trump's inauguration fund. Other Silicon Valley leaders, like Elon Musk and David Sacks, are officially advising the administration. Musk's so-called Department of Government Efficiency (DOGE) employs technologists sourced from Musk's tech companies. And already, federal agencies like the General Services Administration have started to roll out AI products like GSAi, a general-purpose government chatbot.
The FTC did not immediately respond to a request for comment from WIRED.
Removing blogs raises serious compliance concerns under the Federal Records Act and the Open Government Data Act, one former FTC official tells WIRED. During the Biden administration, FTC leadership would place "warning" labels above previous administrations' public decisions it no longer agreed with, the source said, fearing that removal would violate the law.
Since President Donald Trump designated Andrew Ferguson to replace Khan as FTC chair in January, the Republican regulator has vowed to leverage his authority to go after big tech companies. Unlike Khan, however, Ferguson's criticisms center around the Republican party's long-standing allegations that social media platforms, like Facebook and Instagram, censor conservative speech online. Before being selected as chair, Ferguson told Trump that his vision for the agency also included rolling back Biden-era regulations on artificial intelligence and tougher merger standards, The New York Times reported in December.
In an interview with CNBC last week, Ferguson argued that content moderation could equate to an antitrust violation. "If companies are degrading their product quality by kicking people off because they hold particular views, that could be an indication that there's a competition problem," he said.
Sources speaking with WIRED on Tuesday claimed that tech companies are the only groups who benefit from the removal of these blogs.
"They are talking a big game on censorship. But at the end of the day, the thing that really hits these companies' bottom line is what data they can collect, how they can use that data, whether they can train their AI models on that data, and if this administration is planning to take the foot off the gas there while stepping up its work on censorship," the source familiar alleges. "I think that's a change big tech would be very happy with."
Also: