Published 14 days ago

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

The Biden administration has agreed to provide up to $6.4 billion in funding for Samsung Electronics to develop a chip manufacturing cluster in Texas.
The project, expected to exceed $40 billion in total investment, will create thousands of construction and manufacturing jobs.
The cluster in Taylor, Texas, will include factories producing four- and two-nanometer chips, with Samsung also planning to claim an investment tax credit.

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The Independent

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

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

14 days ago·London, United Kingdom

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Associated Press News

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

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.

14 days ago·United States

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abc News

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

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

14 days ago·United States

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The Washington Post

U.S. gives Samsung $6.4 billion to build chip factories in Texas

The subsidy is the latest wave of funding in the Biden administration’s ongoing efforts to bring advanced computer chip-making capacity back to the U.S.

14 days ago

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KRDO

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

By JOSH BOAK Associated Press 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 Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. The government support comes from the CHIPS a…

14 days ago·Colorado Springs, United States

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KIFI

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

14 days ago·Idaho Falls, United States

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

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

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

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

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

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

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

U.S. gives Samsung $6.4 billion to build chip factories in Texas

U.S. gives Samsung $6.4 billion to build chip factories in Texas

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

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

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

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

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