The massive Biden-led investment in chip production aims to reduce dependence on China and Taiwan.
Share on email The preliminary agreement with the Commerce Department "will unleash over $40 billion in investment from Samsung, and cement central Texas 's role as a state-of-the-art semiconductor ecosystem, creating at least 21,500 jobs and leveraging up to $40 million in CHIPS funding to train and develop the local workforce," the
"The proposed investment would turn Samsung's existing presence in Texas into a comprehensive ecosystem for the development and production of leading-edge chips in the United States," the Commerce Department
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Biden admin agrees to provide $6.4 billion to Samsung for making computer chips in TexasThe 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.
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Biden Administration Provides $6.4 Billion Funding for Samsung Chip Manufacturing in TexasThe Biden administration has agreed to provide $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding is part of a larger investment that is expected to exceed $40 billion and aims to revive domestic production of advanced computer chips.
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Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in TexasThe Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop computer chip manufacturing in Texas.
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Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in TexasThe 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.
Read more »
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in TexasThe 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.
Read more »
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in TexasThe 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.
Read more »