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 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...
A second US soldier has been caught smuggling illegal immigrants in two weeks in Texas. Cartels are luring service members with the promise of easy money.
After weeks of Russian advances, there are three areas where Ukraine could now strengthen its defences.
A US sanctions agency reportedly has investigated domestic and foreign companies for shipping chips used for military applications to Russia.
In 2017, the Consumer Unity & Trust Society (CUTS) released a briefing paper suggesting that broadband nutrition labels should be adopted to ensure that internet service providers are meeting quality of service (QoS) standards.
The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the U.S. could build an alliance that would give it an advantage over China in the race to develop new AI projects, sources told the Financial Times (FT) in a […]
US-made chips will be more expensive than those made in Taiwan, and customers will have to pay extra for them.
A reproductive rights group in Montana launched an initiative Tuesday to include a state constitutional amendment protecting abortion rights on the ballot in the general election this November. On Tuesday, Montanans Securing Reproductive Rights announced that it has officially launched its signature drive to get the required 60,000 signatures from Montanans by June 21 to
Chinese officials reportedly told operators to remove foreign chips from their networks by 2027, in an apparent blow to Intel and AMD.
Joe Biden and Fumio Kishida also announced that Japan will put an astronaut on the Moon with Nasa.
TSMC's CEO recently stated that microchips produced outside of Taiwan, including those in the US, will incur higher manufacturing costs. The Taiwanese foundry is currently expanding its production capacity globally, but this move will necessitate a revised pricing strategy to align with shareholder interests.Read Entire Article