US Department Of Commerce

Why Rigetti Computing Stock Keeps Rising

amefika2 weeks ago03 mins

Yesterday, as you have probably heard, The Wall Street Journal reported on a Trump administration plan to give $2 billion to nine quantum computing companies… Rigetti Computing (NASDAQ:RGTI) among them, and in exchange for acquiring state participations in the companies. Rigetti shares started moving one day before the announcement was made, then it spiked yesterday…

Applied Materials will pay 2 million for illegal exports to China

Applied Materials will pay $252 million for illegal exports to China

amefika4 months ago02 mins

By Karen Freifeld and Jasper Ward WASHINGTON, Feb 11 (Reuters) – The U.S. Commerce Department on Wednesday announced a $252 million settlement with Applied Materials for illegally exporting chip-making equipment to China’s top chipmaker, Semiconductor Manufacturing International Corp. In 2023, Reuters exclusively reported that Applied Materials was under criminal investigation in the United States for…