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 Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed […]
The Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop computer chip manufacturing in Texas.
The U.S. government will give Samsung up to $6.4 billion in direct funding to boost its chip production in Texas, the Commerce Department said on Monday.In return, the South Korean tech giant will commit $45 billion in investment for its two chip production facilities, one under construction in Taylor and another exiting one in Austin. Samsung will also build an additional advanced packaging plant and a research center.Samsung becomes the third-largest receipt of funding from the U.S. under the...
The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities.
So far, eight states with Republican leadership were willing to stand up to Biden's weaponized agency ahead of the 2024 race.
By JOSH BOAK Associated Press WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four
By JOSH BOAK Associated Press WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four
Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.
SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar with the White Ho
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