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Biden admin pledges $6.6B to ensure most advanced microchips are built in US

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Biden admin pledges .6B to ensure most advanced microchips are built in US

The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time.

Commerce Secretary Gina Raimondo said the funding for Taiwan Semiconductor Manufacturing Co. means the company can expand on its existing plans for two facilities in Phoenix and add a third, newly announced production hub.

“These are the chips that underpin all artificial intelligence, and they are the chips that are the necessary components for the technologies that we need to underpin our economy,” Raimondo said on a call with reporters, adding that they were vital to the “21st century military and national security apparatus.”

US CAREFULLY MONITORS CHIP EXPORTS TO CHINA, DEEPENS INVESTMENTS IN PHILIPPINES

The funding is tied to a sweeping 2022 law that President Joe Biden has celebrated and which is designed to revive U.S. semiconductor manufacturing. Known as the CHIPS and Science Act, the $280 billion package is aimed at sharpening the U.S. edge in military technology and manufacturing while minimizing the kinds of supply disruptions that occurred in 2021, after the start of the coronavirus pandemic, when a shortage of chips stalled factory assembly lines and fueled inflation.

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The Biden administration has promised tens of billions of dollars to support construction of U.S. chip foundries and reduce reliance on Asian suppliers, which Washington sees as a security weakness.

“Semiconductors – those tiny chips smaller than the tip of your finger – power everything from smartphones to cars to satellites and weapons systems,” Biden said in a statement. “TSMC’s renewed commitment to the United States, and its investment in Arizona represent a broader story for semiconductor manufacturing that’s made in America and with the strong support of America’s leading technology firms to build the products we rely on every day.”

Commerce Secretary Gina Raimondo attends an event in Bangkok, Thailand, on March 13, 2024. Raimondo emphasized the importance of microchips for technologies crucial to the economy after the Biden administration pledged on April 8, 2024, to provide billions in funding to ensure the world’s most advanced chips are produced domestically for the first time. (AP Photo/Sakchai Lalit, File)

Taiwan Semiconductor Manufacturing produces nearly all of the leading-edge microchips in the world and plans to eventually do so in the U.S.

It began construction of its first facility in Phoenix in 2021, and started work on a second hub last year, with the company increasing its total investment in both projects to $40 billion. The third facility should be producing microchips by the end of the decade and will see the company’s commitment increase to a total of $65 billion, Raimondo said.

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The investments would put the U.S. on track to produce roughly 20% of the world’s leading-edge chips by 2030, and Raimondo said they should help create 6,000 manufacturing jobs and 20,000 construction jobs, as well as thousands of new positions more indirectly tied to assorted suppliers in chip-related industries tied to Arizona projects.

The potential incentives announced Monday include $50 million to help train the workforce in Arizona to be better equipped to work in the new facilities. Additionally, approximately $5 billion of proposed loans would be available through the CHIPS and Science Act.

“TSMC’s commitment to manufacture leading-edge chips in Arizona marks a new chapter for America’s semiconductor industry,” Lael Brainard, director of the White House National Economic Council, told reporters.

The announcement came as U.S. Treasury Secretary Janet Yellen is traveling in China. Senior administration officials were asked on the call with reporters if the Biden administration gave China a head’s up on the coming investment, given the delicate geopolitics surrounding Taiwan. The officials said only that their focus in making Monday’s announcement was solely on advancing U.S. manufacturing.

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“We are thrilled by the progress of our Arizona site to date,” C.C. Wei, CEO of TSMC, said in a statement, “And are committed to its long-term success.”

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Los Angeles, Ca

L.A. Jewish institution among targets of foiled terrorist attack, U.S. officials say

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L.A. Jewish institution among targets of foiled terrorist attack, U.S. officials say

A Jewish institution in Los Angeles was among the locations targeted in a recently foiled terrorism plot, U.S. Attorney for the Southern District of New York Jay Clayton announced this week.

The thwarted terrorist attacks were the result of the recent arrest of Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national and senior member of Kata’ib Hizballah, U.S. officials said.

“Mohammad Baqer Saad Dawood Al-Saadi, a commander for the terrorist organization, Kata’ib Hizballah, faces serious charges for his role in numerous attacks against U.S. interests across the globe, including his efforts to kill on U.S. soil,” Clayton said. “As alleged, for years, Al-Saadi committed himself to furthering the terrorist goals of Kata’ib Hizballah and the IRGC, two terrorist organizations dedicated to harming the United States and its allies.”

Al-Saadi recently attempted to carry out attacks in the U.S., officials said, including attacks at Jewish cultural places of interest in New York, Los Angeles and Scottsdale, Ariz.

“Al-Saadi attempted to disrupt American society through intimidation and violence,” a press release from the U.S. Attorney’s Office reads. “… Those who engage in or support terrorism against Americans and on U.S. soil should take note:  the whole of the federal government is committed to dismantling terrorist organizations and bringing their members to justice.”

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In a three-month period, Al-Saadi allegedly directed 18 terrorist attacks throughout Europe, including bombings, arson, and assaults targeting American citizens and points of interest. Prior to his arrest, national security officials say he was planning similar attacks on U.S. soil. Assistant Attorney General for National Security John A. Eisenberg said that  Al-Saadi “presented a serious threat to our national security.”

The European attacks included the bombing of the Bank of New York Mellon, an American bank, in Amsterdam on March 15. On April 29, two Jewish men, one of whom was a dual U.S.-British citizen, were stabbed and seriously injured in London.

In 2020, Al-Saadi took to social media, calling for others to attack and kill Americans in retribution for the deaths of Iranian military officer Qasem Soleimani and Iraqi military commander Abu Mahdi al-Muhandis, U.S. officials said. In more recent months, Al-Saadi allegedly used social media to encourage the killing of Americans and Jews to further the terrorist goals of Kata’ib Hizballah and the Islamic Revolutionary Guard Corps.

“In or about February 2026, for example, AL-SAADI posted on one of his social media accounts a message in Arabic, which read in part, ‘Do not abandon the blood of your Imam of the time, oh Shiites of Iraq. Kill everyone who supports America and Israel. Do not leave any of them remaining. Civil and military targets, as well as voices of discord, kill them everywhere.’” U.S. officials said.

NYPD Commissioner Jessica S. Tisch confirmed that one of the U.S. targets was a Manhattan synagogue. On April 3, Al-Saadi allegedly spoke to an undercover law enforcement officer whom Al-Saadi believed could carry out attacks in the U.S. That same day, Al-Saadi allegedly texted the undercover officers photographs and maps showing the exact location of a prominent Jewish synagogue in New York City. 

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Officials have not said what specific locations in L.A. and Arizona were targeted by the terrorist group.

Al-Saadi now faces numerous charges for these crimes in U.S. court. If convicted, he could be sentenced to life in prison.

The case is under investigation by the FBI’s New York Joint Terrorism Task Force, which is comprised of investigators and analysts from the FBI, the NYPD, the FBI Washington Field Office, Counterterrorism Division, and more than 50 other federal, state, and local agencies. Investigators also received help from the Department of Justice’s National Security Division, Counterterrorism Section, the Office of International Affairs of the Justice Department’s Criminal Division, and U.S. Customs and Border Protection.

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Los Angeles, Ca

L.A. police shoot knife-wielding man during response to assault call 

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L.A. police shoot knife-wielding man during response to assault call 

A man armed with a knife was shot by L.A. police officers responding to an assault with a deadly weapon call overnight, authorities said. 

According to the Los Angeles Police Department, officers with the Hollenbeck Division responded to an apartment complex in the 3000 block of Glenn Avenue in Boyle Heights at 1:45 a.m. Saturday after callers reported a male suspect was armed with a knife and had just assaulted someone in the complex. 

Arriving officers found the suspect in front of the residence, but he did not comply with officers’ commands to drop the weapon. He then advanced toward the officers and an officer-involved shooting occurred, LAPD confirmed.

A man armed with a knife was shot by L.A. police officers responding to an assault with a deadly weapon call overnight, authorities said. Video obtained by KTLA shows the man being loaded into an ambulance. May 2026. (ANG)

“The suspect was struck by gunfire and remained non-compliant,” the LAPD Public Information Officer said on X early Saturday morning. “Officers deployed a 40mm foam round and ultimately took the suspect into custody.”

Video obtained by KTLA shows the man being loaded into an ambulance and taken to a hospital; officials said he was transported in stable condition, adding that his knife was recovered at the scene and booked as evidence. 

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No officers or community members were injured during the incident. The man’s name was not released. 

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Los Angeles, Ca

Rip tides, high surf forecast for Los Angeles beaches this weekend

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Rip tides, high surf forecast for Los Angeles beaches this weekend

Dangerous rip currents and high surf are forecast for Los Angeles County beaches, including the Malibu Coast this weekend.

The National Weather Service has issued a hazardous beach statement, warning of the potentially deadly beach conditions. The dangerous conditions are forecast to last from Saturday evening to Monday morning.

“There is an increased risk of ocean drowning,” the NWS forecast reads. “Rip currents can pull swimmers and surfers out to sea. Waves can wash people off beaches and rocks, and capsize small boats nearshore.”

  • Rip Currents

Minor Beach erosion and coastal flooding is possible through the weekend. The flooding is most likely to occur during evening high tides from 7 p.m. to 11 p.m.

Beachgoers are advised to stay out of the water and remain near lifeguard towers. Jetties and tidepools are also especially dangerous during the weekend forecast.

“Rock jetties can be deadly in such conditions, stay off the rocks,” the NWS forecast reads.

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Similar hazardous beach conditions are also in the forecast for Santa Barbara County. A high surf advisory is also in effect for Santa Barbara and San Luis Obispo counties this weekend, where 10 to 15-foot waves will be possible.

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