The Biden administration is giving Samsung $6.4 billion to help build massive new semiconductor chip plants in central Texas, the latest in a series of investments that the government hopes will ...

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The announcement follows an $8.5 billion grant 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 ...

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 ...

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 ...

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(Bloomberg) -- The Biden administration plans to award Samsung Electronics Co. as much as $6.4 billion in grants to ... Another goal is to counter the technological rise of China, which is ...

The U.S. government is granting Samsung Electronics 005930-0.79%decrease; red down pointing triangle up to $6.4 billion to build chip-making facilities in Texas, the latest in a string of major ...

April 15 (Reuters) - The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung (005930.KS) , opens new tab to expand its chip production in central Texas as part of ...

“The US Department of Commerce and Samsung Electronics have signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding under the Chips and Science Act ...

WASHINGTON — Samsung, the South Korean electronics giant, will receive $6.4 billion toward developing advanced computer chips at the semiconductor plant it's building in Central Texas ...

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 ...