The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities.
Sources familiar with the matter told Bloomberg that the deal is not yet finalized but could be wrapped up and announced as soon as next week. Based on the language used in the article, it does not sound as if the money is coming from the Chips and Science ActRead Entire Article
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
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 […]
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 and development to Texas.Read Entire Article
One of the facilities Samsung is building will be the size of 11 football fields, Commerce Secretary Gina Raimondo said. The new investment will create thousands of jobs, the White House said.
The Biden administration just announced a preliminary agreement to award Samsung up to $6.4 billion in grants as part of CHIPS Act funding. This money will complement the $44 billion in private investment that the company has promised to spend in the state to build a “semiconductor ecosystem.” This money will be spent to finish a “leading-edge” campus in Taylor, Texas that will focus on research and development of advanced logic technologies, manufacturing and, perhaps most importantly,...
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.
Meta has introduced the latest version of its artificial intelligence (AI) assistant, Meta AI, powered by the latest advances with its large language model (LLM), Meta Llama 3. The assistant is free and can be used on Facebook, Instagram, WhatsApp and Messenger, the company said in a Thursday (April 18) press release. It’s also now available on a website, meta.ai, for use on computers, according to the release. In addition, Meta […]
The US said the funding would help Samsung invest more than $40bn into multiple semiconductor projects in Texas. : Samsung scores up to $6.4bn to build US chip plants
Samsung is going to get $6.4 billion from the US CHIPS and Science Act. As part of the arrangement, the company has promised to invest $40 billion in and around Austin, Texas, in the coming years.
One of the beautiful things about baseball is how few of the narratives are linear. One hundred and sixty two games. In a little less than a month of play it is incredibly easy to say things haven’t really started to matter, not yet. The standings will shift drastically. The roster will churn. And yet a first series against a division rival, in their home stadium, and the rival most likely to give us trouble. Not only a rival, but the defending World Series Champions. Such a game not only...