Samsung receives $6.4 billion in CHIPS grants, will boost production in Texas

According to a statement from President Biden, the preliminary agreement between Samsung and the Department of Commerce will bring the Korean firm's advanced semiconductor manufacturing and research...

By: TechSpot

Apr 15 2024
43
3924 Views

What just happened? The latest beneficiary of the CHIPS and Science Act has been announced by the Department of Commerce. As expected, the Biden administration is awarding the money to Samsung, which will receive up to $6.4 billion in grants to expan... [2384 chars]

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