The US government will give Samsung up to $6.4 billion in direct funding to boost their chip production in Texas, the Commerce Department said Monday. In return, the South Korean tech giant will ...

The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung Electronics to expand its chip production in central Texas as part of a broader effort to boost US ...

The US government is awarding Samsung up to $6.4 billion in grants to expand its chip production facilities in Texas, USA, to boost US-based semiconductor chipmaking. The new $6.4 billion in ...

The U.S. government on Monday announced a $6.4 billion subsidy for South Korean tech giant Samsung to build advanced computer chip manufacturing facilities in the Austin area, the latest wave of ...

(Credit: Getty Images News/Pool/Getty Images) Samsung is set to receive $6.4 billion in US federal funding as a result of President Biden's CHIPS & Science Act. Samsung will construct new chip ...

The Biden administration plans to award Samsung Electronics Co. as much as $6.4 billion in grants to increase chip production in Texas, as part of US efforts to bolster domestic semiconductor ...

The US Commerce Department has announced that it was finalizing an award of up to $4.745 billion dollars to Samsung Electronics to boost chip production. Notably, earlier in April this year ...

WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas ...

The US Commerce ... with Samsung in April to provide up to $6.4 billion in grants under the CHIPS and Science Act, reports Yonhap news agency. It also announced a final decision to give up to ...

The announcement follows an $8.5 billion ... given to Intel and $6.6 billion to Taiwan’s TSMC earlier this year to boost local production. The US has committed $6.4 billion in grants to help ...