The U.S. Commerce Department has agreed to provide up to $18.2 million in subsidy funding to Akash Systems for a cleanroom space in West Oakland, California, to manufacture advanced semiconductors using Diamond Cooling technology. The funding, combined with investments from Akash and other sources, will support a $121 million project. Akash’s CEO Felix Ejeckam highlighted the importance of the subsidy in advancing their semiconductor technology.
Full Article
When tariffs danced with Bitcoin and markets held their breath
On March 12, 2025, global markets experienced a rollercoaster ride due to shifting narratives around tariff measures and deteriorating trade relations, highlighted by President Trump's threat to double tariffs on Canadian steel and aluminum. This led to a market selloff, with US indices sliding and European markets reflecting unease. Despite this, Chinese markets rose as investors bet on Beijing's ability to cushion the impact. Additionally, a significant development was the US government's bold step into...
Read more