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  • US defense contractor to build 4,000-worker advanced manufacturing facility in central Ohio

    US defense contractor to build 4,000-worker advanced manufacturing facility in central Ohio

    COLUMBUS, Ohio — U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio, adding a planned 4,000 jobs to the area’s burgeoning high-tech sector, state officials announced Thursday.

    The Cosa Mesa, California-based defense technology company plans to begin construction of what it’s calling “Arsenal 1” as soon as state and local approvals are secured. The 5 million-square-foot (464,515-square-meter) facility will be located on a 500-acre (202-hectare) site near Rickenbacker International Airport in rural Pickaway County, about 16 miles (26 kilometers) southeast of Columbus.

    Production of military drones and autonomous air vehicles would begin in July 2026 under the plan, said Christian Brose, Anduril’s chief strategy officer.

    Republican Ohio Gov. Mike DeWine said it is the largest single job creation and payroll project that Ohio has announced. The governor said winning Anduril’s manufacturing plant marks a continuation of Ohio’s history of advanced advanced aviation, which began with the Wright brothers and continues to grow surrounding the Dayton-area Wright-Patterson Air Force Base.

    “We are an aerospace state,” DeWine said. He called Ohio “the brains of the Air Force.”

    DeWine, Lt. Gov. Jon Husted and JobsOhio CEO J.P. Nauseef said that, through targeted economic development efforts, the state boasts a strong and diverse aerospace workforce. They said it also has a network of job training centers, colleges and universities prepared to educate new advanced manufacturing workers. Those helped attract the nationally-competitive deal, they said.

    “Ohio has literally built a strategy around this kind of project, and so we are perfect for them,” Husted said.

    The aerospace sector in Ohio includes the global headquarters of GE Aerospace and a new Joby Aviation manufacturing facility near Dayton that’s preparing to manufacture electric vertical takeoff and landing, or eVTOL, aircraft beginning this year.

    Anduril casts the Ohio facility as integral to its goal to “Rebuild the Arsenal” of U.S. military weapons and platforms by “hyperscaling” manufacturing with advanced software and production technologies.

    The latest development adds to what is becoming known as a “silicon corridor” based in Ohio. It includes Intel, which is building a $20 billion chip factory just east of the Columbus, and Honda and LG Energy Solution of South Korea, which are building a $3.5 billion battery plant in nearby Fayette County that the automaker envisions as its North American electric vehicle hub. Ohio State University also announced plans in 2023 to build a $110 million software innovation center to dovetail with those efforts.

    At separate upcoming state meetings, the Anduril project will pursue a job creation tax credit from the Ohio Department of Development and a $70 million infusion from the All Ohio Future Fund, which the DeWine administration and lawmakers established to help local governments prepare sites for economic development projects. JobsOhio also plans to provide the project a sizeable grant, whose exact amount will be announced once agreements are signed, as well as talent acquisition services.

    ___

    This story has been corrected to remove a reference to both Wright brothers being born in Ohio.

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  • Taiwan takes a further step in production of AI chips with advanced new plant

    Taiwan takes a further step in production of AI chips with advanced new plant

    TAIPEI, Taiwan — Taiwan took another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence on Thursday with the inauguration of a new plant by Siliconware Precision Industries Co.

    The opening ceremony for the Tan-Ke factory in the central city of Taichung was attended by Jensen Huang, CEO and co-founder of California-based Nvidia Corp., a world leader in the design of AI chips, reinforcing the companies’ partnership in the production of advanced AI chips.

    SPIL is a leader in semiconductor packaging and testing.

    “The technology that we’re working on is becoming more sophisticated. Chips are getting more and more complex, and the packaging technology will need to evolve as well. What’s even more exciting is the integration of silicon photonics, enabling us to connect multiple packages into one massive system,” Huang said.

    He said Nvidia’s partnership with SPIL would be instrumental in pushing the boundaries of innovation in coming years.

    Huang also addressed the broader implications of AI development, saying that AI combined with robotics will bring tremendous benefits to Taiwan’s world-leading electronics industry.

    SPIL expressed enthusiasm for the collaboration, stating that Huang’s visit highlights the strong relationship between the two companies.

    Huang also was to visit Taiwan Semiconductor Manufacturing Co. Ltd., or TSMC, the world’s largest independent contract manufacturer of semiconductors.

    Huang’s visits reflect the critical role Taiwan plays in the global AI supply chain and underscores the growing importance of partnerships between technology leaders like Nvidia and key Taiwanese players in the semiconductor industry.

    The Biden administration has proposed a new framework for exports of the advanced computer chips used to develop AI, an attempt to balance national security concerns with the economic interests of producers and other countries.

    Part of the motivation is to make it “harder for China to circumvent existing restrictions that were focused on China,” said Johannes Himmelreich, a professor who researches AI policy at Syracuse University.

    Chip companies have criticized the policy as hastily drawn up and potentially damaging to the industry.

    Because the proposed framework includes a 120-day comment period, the incoming Republican administration could ultimately determine the rules for sales abroad of advanced computer chips designed mostly by California companies such as Nvidia and AMD but manufactured in locations such as Taiwan and South Korea.

    ___

    Associated Press writers Josh Boak in Washington, DC, and Matt O’Brien in Providence, Rhode Island, contributed to this report.

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  • US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds

    US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds

    WASHINGTON — The Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate’s Permanent Subcommittee on Investigations.

    The Biden administration imposed export controls to limit the ability of China and Russia ability to access U.S.-made chips after Russia’s invasion of Ukraine nearly three years ago.

    The agency’s Bureau of Industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules.

    But the push for bolstering Commerce’s export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government. President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new “Department of Government Efficiency” to dismantle parts of the federal government.

    The Trump transition team did not immediately respond to a request for comment on the report.

    BIS’s budget, about $191 million, has remained essentially flat since 2010 when adjusted for inflation.

    “While BIS’ budget has been stagnant for a decade, the bureau works diligently around the clock to meet its mission and safeguard U.S. national security,” Commerce Department spokesperson Charlie Andrews said in a statement in response to the report.

    Andrews added that with “necessary resources from Congress” the agency would be “better equipped to address the challenges that come with our evolving national security environment.”

    In a letter to Commerce Secretary Gina Raimondo on Wednesday, Democratic Sen. Richard Blumenthal of Connecticut, chair of the subcommittee, pointed to an audit of Texas Instruments that showed the Russian military continued to acquire components from Texas Instruments through front companies in Hong Kong to illustrate how the export controls are failing as an effective tool.

    The committee’s findings, Blumenthal said, suggest that Texas Instruments “missed clear warning signs” that three companies in its distribution chain had been diverting products to Russia. Texas Instruments did not immediately respond to a request for comment.

    “While Congress must provide BIS more resources to undertake its critical mission, it is long past time for BIS to make full use of the enforcement powers Congress has conferred upon it and take aggressive steps to cut the flow of U.S. semiconductors into the Russian war machine,” Blumenthal wrote.

    It’s not just Texas Instruments that’s the issue. The subcommittee in September published a report that found aggregated exports from four major U.S. advanced chip manufacturers nearly doubled from 2021 to 2022 to Armenia and Georgia.

    Both of those countries are home to front companies known to assist Russia in acquiring advanced chips made in the U.S. despite export controls.

    China, meanwhile, has created “vast, barely disguised smuggling networks which enable it to continue to harness U.S. technology,” the subcommittee report asserts.

    Washington has been gradually expanding the number of companies affected by such export controls in China, as President Joe Biden’s administration has encouraged an expansion of investments in and manufacturing of chips in the U.S.

    But Chinese companies have found ways to evade export controls in part because of a lack of China subject matter experts and Chinese speakers assigned to Commerce’s export control enforcement.

    The agency’s current budget limits the number of international end-use checks, or physical verification overseas of distributors or companies receiving American-made chips that are the supposed end users of products. Currently, Commerce has only 11 export control officers spread around the globe to conduct such checks.

    The committee made several recommendations in its report, including Congress allocating more money for hiring additional personnel to enforce export controls, imposing larger fines on companies that violate controls and requiring periodic reviews of advanced chip companies’ export control plans by outside entities.

    ___

    Boak reported from West Palm Beach, Florida.

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  • US agencies should use advanced technology to identify mysterious drones, Schumer says

    US agencies should use advanced technology to identify mysterious drones, Schumer says

    BOSTON — After weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey, elected officials are urging action to identify and stop the mysterious flights.

    “There’s a lot of us who are pretty frustrated right now,” Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, said on “Fox News Sunday.”

    “’We don’t know’ is not a good enough answer,” he said.

    National security officials have said the drones don’t appear to be a sign of foreign interference or a public safety threat. But because they can’t say with certainty who is responsible for the sudden swarms of drones over parts of New Jersey, New York and other eastern parts of the U.S. — or how they can be stopped — has led leaders of both political parties to demand better technology and powers to deal with the drones.

    Sen. Chuck Schumer called Sunday for the U.S. Department of Homeland Security to deploy better drone-tracking technology to identify the drones and their operators.

    “New Yorkers have tremendous questions about it,” Schumer, the Senate Majority leader, told reporters about the drone sightings. “We are going to get the answers for them.”

    The federal government did little to answer those questions in its own media briefings Sunday morning. “There’s no question that people are seeing drones,” U.S. Homeland Security Secretary Alejandro Mayorkas told ABC’s George Stephanopoulos. “But I want to assure the American public that we are on it. We are working in close coordination with state and local authorities.”

    Some of the drones reported above parts of New York and New Jersey have turned out to be “manned aircraft that are commonly mistaken for drones,” Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter.”

    Last year, federal aviation rules began requiring certain drones to broadcast their remote identification, including the location of their operators. It’s not clear whether that information has been used to determine who is behind the drones plaguing locations over New York and New Jersey. Mayorkas’ office didn’t respond to questions about whether they’ve been able to identify drones using this capability.

    Schumer wants the federal government to use a recently declassified radio wave technology in New York and New Jersey. The radio wave detector can be attached to a drone or airplane and can determine whether another flying object is a bird or a drone, read its electronic registration, and follow it back to its landing place. Schumer said state and local authorities do not have the authority to track drones.

    On Sunday, New York Gov. Kathy Hochul said federal officials were sending a drone detection system to the state.

    “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed.

    Dozens of mysterious nighttime flights started last month over parts of New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over President-elect Donald Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified.

    Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia, according to news reports.

    Some U.S. political leaders, including Trump, have called for much stronger action against these drones, including shooting them down.

    Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, Mayorkas said Sunday. “But we need those authorities expanded,” he said.

    A bill before the U.S. Senate would enhance some federal agencies’ authority and give new abilities to local and state agencies to track drones. It would also start a pilot program allowing states and local authorities to disrupt, disable or seize a drone without prior consent of the operator.

    “What the drone issue points out are gaps in our agencies, gaps in our authorities between the Department of Homeland Security, local law enforcement, the Defense Department.,” said Rep. Mike Waltz, R-Fla., Trump’s pick to be his national security adviser, speaking on CBS’ “Face the Nation” on Sunday. “Americans are finding it hard to believe we can’t figure out where these are coming from.’’

    ___

    Collins reported from Hartford, Connecticut.

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  • Dialog’s WOW Superapp Redefines Digital Lifestyle with Advanced User Experience

    Dialog’s WOW Superapp Redefines Digital Lifestyle with Advanced User Experience

    Empowering 3 million+ users with unmatched rewards, convenience, and entertainment


    Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, is redefining the digital experience for over 3 million users with its WOW Superapp, reflecting the company’s vision of ‘The Future.Today.’ The WOW Superapp, launched in 2023 and the first of its kind in Sri Lanka, continues to lead in digital innovation, offering a comprehensive, user-friendly platform that seamlessly integrates advanced features and delivers one of the best digital lifestyle experiences available in the country.

    The WOW Superapp is designed to cater to diverse user needs through its core functionalities. One of its standout features is the rewarding system, where users can win prizes, access exclusive offers, and accumulate loyalty points redeemable at the WOW Checkout. With over LKR 500 million in rewards distributed to date, the app is recognised as the most rewarding platform in Sri Lanka, setting it apart from other digital solutions.

    Convenience is another cornerstone of the WOW Superapp. The app simplifies everyday tasks, including bill payments, reloading, booking doctor appointments via Doc990, and making charitable donations. Additionally, it provides personalised network offers and facilitates seamless shopping on Dialog.lk and other platforms, making day-to-day interactions smoother and more efficient for users.

    For entertainment, the WOW Superapp ensures users have access to an engaging and diverse range of content. This includes streaming movies, live TV, and videos on ViU without data charges, playing games on the Gaming Arena, and exploring short-form content through WOW Stories. By integrating these features, the app delivers an all-encompassing digital lifestyle experience.

    Lasantha Theverapperuma, Group Chief Marketing Officer of Dialog Axiata PLC, expressed, “At Dialog, we remain dedicated to enhancing digital experiences and enriching everyday life for all Sri Lankans. The WOW Superapp embodies our commitment to innovation, offering a comprehensive suite of services that help people manage their daily tasks with ease and enjoy a more connected lifestyle, paving the way for a future of digitally empowered Sri Lankans.”

    Enhancing its offerings further, Dialog has introduced the WOW Mall, an advanced e-commerce platform within the WOW Superapp. The WOW Mall features over 3,500 products, fast islandwide delivery, and a comprehensive loyalty system, adding a new dimension to the user experience and reinforcing Dialog’s commitment to innovation and user convenience.

    For more information, visit https://wow.lk/ 


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  • 4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management

    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.

    4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management
    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    VerifiedVERIFIED By: Dr Aditi Singhvi, Consultant Adult Cardiology & Heart Transplant at Narayana Health, Bangalore



    Written by Tavishi Dogra |Updated : November 5, 2024 4:17 PM IST

    Heart failure as effectively as it should, and some people experience excessive coughing. Some common causes include heart attacks or blockages in the arteries of the heart, diabetes, obesity, excessive alcohol consumption, genetic abnormalities, and valve diseases. Many people with heart failure lead an entirely healthy lifestyle. It’s also helpful to have the support of family and friends who can support and help you.

    Essential lifestyle changes generally include:

    1. Adopt a Heart-Healthy Diet: Maintaining a heart-healthy diet is one of the most essential steps in managing heart failure. Low in saturated fats and refined sugars, it can help reduce strain on the heart. Limiting salt intake is particularly critical, as excess sodium can lead to fluid retention and worsening heart failure symptoms. Processed and canned foods, often high in sodium, should be minimized. Instead, fresh ingredients and herbs can be used for flavouring, which is usually recommended for individuals with heart conditions.
    2. Monitor and Manage Fluid Intake: Fluid retention is a significant concern for many patients with heart failure. Excess fluid can accumulate in the lungs, making breathing difficult and exacerbating symptoms like swelling in the legs and ankles. Patients are often advised to monitor their daily fluid intake and work with their healthcare provider to determine the appropriate amount based on their specific condition. Regular weighing is also crucial to detect sudden weight gain, which could signal fluid overload.
    3. Quit Smoking and Limit Alcohol: Blood vessels and heart tissue worsen the effects of heart failure. Quitting smoking is one of the most potent ways to improve heart health and prevent further complications. Similarly, alcohol can have harmful effects on the heart, particularly in large quantities. Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    4. Stay Physically Active: Exercise is vital to managing heart failure, though it must be done cautiously and tailored to individual capabilities. Light to moderate aerobic activities like walking, cycling, or swimming can strengthen the heart, improve circulation, and increase energy levels, especially if they experience fatigue, shortness of breath, or chest discomfort.

    If the disease progresses and the heart worsens, treatment becomes more complex. LVAD (Left Ventricular Assist Device) therapy and heart transplantation have emerged as effective treatment options for managing advanced heart failure. These therapies have been proven to significantly enhance advanced heart failure patients’ quality of life and survival. If you have heart failure, your everyday life is a result.



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  • 4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management

    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.

    4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management
    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    VerifiedVERIFIED By: Dr Aditi Singhvi, Consultant Adult Cardiology & Heart Transplant at Narayana Health, Bangalore



    Written by Tavishi Dogra |Updated : November 5, 2024 4:17 PM IST

    Heart failure as effectively as it should, and some people experience excessive coughing. Some common causes include heart attacks or blockages in the arteries of the heart, diabetes, obesity, excessive alcohol consumption, genetic abnormalities, and valve diseases. Many people with heart failure lead an entirely healthy lifestyle. It’s also helpful to have the support of family and friends who can support and help you.

    Essential lifestyle changes generally include:

    1. Adopt a Heart-Healthy Diet: Maintaining a heart-healthy diet is one of the most essential steps in managing heart failure. Low in saturated fats and refined sugars, it can help reduce strain on the heart. Limiting salt intake is particularly critical, as excess sodium can lead to fluid retention and worsening heart failure symptoms. Processed and canned foods, often high in sodium, should be minimized. Instead, fresh ingredients and herbs can be used for flavouring, which is usually recommended for individuals with heart conditions.
    2. Monitor and Manage Fluid Intake: Fluid retention is a significant concern for many patients with heart failure. Excess fluid can accumulate in the lungs, making breathing difficult and exacerbating symptoms like swelling in the legs and ankles. Patients are often advised to monitor their daily fluid intake and work with their healthcare provider to determine the appropriate amount based on their specific condition. Regular weighing is also crucial to detect sudden weight gain, which could signal fluid overload.
    3. Quit Smoking and Limit Alcohol: Blood vessels and heart tissue worsen the effects of heart failure. Quitting smoking is one of the most potent ways to improve heart health and prevent further complications. Similarly, alcohol can have harmful effects on the heart, particularly in large quantities. Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    4. Stay Physically Active: Exercise is vital to managing heart failure, though it must be done cautiously and tailored to individual capabilities. Light to moderate aerobic activities like walking, cycling, or swimming can strengthen the heart, improve circulation, and increase energy levels, especially if they experience fatigue, shortness of breath, or chest discomfort.

    If the disease progresses and the heart worsens, treatment becomes more complex. LVAD (Left Ventricular Assist Device) therapy and heart transplantation have emerged as effective treatment options for managing advanced heart failure. These therapies have been proven to significantly enhance advanced heart failure patients’ quality of life and survival. If you have heart failure, your everyday life is a result.



    Source link

  • 4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management

    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.

    4 Nutrition And Lifestyle Changes To Support Advanced Heart Failure Management
    Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    VerifiedVERIFIED By: Dr Aditi Singhvi, Consultant Adult Cardiology & Heart Transplant at Narayana Health, Bangalore



    Written by Tavishi Dogra |Updated : November 5, 2024 4:17 PM IST

    Heart failure as effectively as it should, and some people experience excessive coughing. Some common causes include heart attacks or blockages in the arteries of the heart, diabetes, obesity, excessive alcohol consumption, genetic abnormalities, and valve diseases. Many people with heart failure lead an entirely healthy lifestyle. It’s also helpful to have the support of family and friends who can support and help you.

    Essential lifestyle changes generally include:

    1. Adopt a Heart-Healthy Diet: Maintaining a heart-healthy diet is one of the most essential steps in managing heart failure. Low in saturated fats and refined sugars, it can help reduce strain on the heart. Limiting salt intake is particularly critical, as excess sodium can lead to fluid retention and worsening heart failure symptoms. Processed and canned foods, often high in sodium, should be minimized. Instead, fresh ingredients and herbs can be used for flavouring, which is usually recommended for individuals with heart conditions.
    2. Monitor and Manage Fluid Intake: Fluid retention is a significant concern for many patients with heart failure. Excess fluid can accumulate in the lungs, making breathing difficult and exacerbating symptoms like swelling in the legs and ankles. Patients are often advised to monitor their daily fluid intake and work with their healthcare provider to determine the appropriate amount based on their specific condition. Regular weighing is also crucial to detect sudden weight gain, which could signal fluid overload.
    3. Quit Smoking and Limit Alcohol: Blood vessels and heart tissue worsen the effects of heart failure. Quitting smoking is one of the most potent ways to improve heart health and prevent further complications. Similarly, alcohol can have harmful effects on the heart, particularly in large quantities. Patients with heart failure are often advised to limit or avoid alcohol consumption altogether, as it can interfere with medications and exacerbate symptoms.
    4. Stay Physically Active: Exercise is vital to managing heart failure, though it must be done cautiously and tailored to individual capabilities. Light to moderate aerobic activities like walking, cycling, or swimming can strengthen the heart, improve circulation, and increase energy levels, especially if they experience fatigue, shortness of breath, or chest discomfort.

    If the disease progresses and the heart worsens, treatment becomes more complex. LVAD (Left Ventricular Assist Device) therapy and heart transplantation have emerged as effective treatment options for managing advanced heart failure. These therapies have been proven to significantly enhance advanced heart failure patients’ quality of life and survival. If you have heart failure, your everyday life is a result.



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  • Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

    Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

    WASHINGTON — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York.

    Wolfspeed’s use of silicon carbide enables the computer chips used in electric vehicles and other advanced technologies to be more efficient. The North Carolina-based company’s two projects are estimated to create 2,000 manufacturing jobs as part of a more than $6 billion expansion plan.

    “Artificial intelligence, electric vehicles, and clean energy are all technologies that will define the 21st century, and thanks to proposed investments in companies like Wolfspeed, the Biden-Harris administration is taking a meaningful step towards reigniting U.S. manufacturing of the chips that underpin these important technologies,” Commerce Secretary Gina Raimondo said in a statement.

    The new Wolfspeed facility in Siler City could be a critical symbol in this year’s election, as it opened earlier this year in a swing state county that is undergoing rapid economic expansion in large part due to incentives provided by the Biden-Harris administration.

    Vice President Kamala Harris, the Democratic nominee, is making the case to voters that the administration’s mix of incentives are increasing factory work, while former President Donald Trump, the Republican nominee, says the threat of broad tariffs will cause overseas factories to relocate in the United States.

    In 2023, President Joe Biden spoke at Wolfspeed to promote his economic agenda, saying it would help the United States outcompete China. Trump narrowly won North Carolina during the 2020 presidential election and has talked about bringing back the state’s furniture manufacturing sector.

    The Biden-Harris administration’s argument is that the government support encourages additional private investments, a case that appears to apply to Wolfspeed.

    In addition to the government grant, a group of investment funds led by Apollo, The Baupost Group, Fidelity Management & Research Company and Capital Group plan to provide an additional $750 million to Wolfspeed, the company said. Wolfspeed also expects to receive $1 billion from an advanced manufacturing tax credit, meaning the company in total will have access of up to $2.5 billion.

    Wolfspeed CEO Gregg Lowe told The Associated Press that the United States currently produces 70% of the world’s silicon carbide — and that the investments will help the country preserve its lead as China ramps up efforts in the sector.

    Lowe said “we’re very happy with this grant” and that the Commerce Department staff awarding funds from the 2022 CHIPS and Science Act was “terrific.”

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