Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion.

By: WEAU

Apr 15 2024
47
4235 Views

WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Co... [1849 chars]

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