Current location:style >>
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
style6447People have gathered around
IntroductionWASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in ...
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 and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving the production of advanced computer chips domestically.
“The proposed project will propel Texas into a state of the art semiconductor ecosystem,” Commerce Secretary Gina Raimondo said on a call with reporters. “It puts us on track to hit our goal of producing 20% of the world’s leading edge chips in the United States by the end of the decade.”
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Canvas news portal”。http://burma.unhasdecoradas.org/html-65a199877.html
Related articles
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
styleTALLINN, Estonia (AP) — A Russian court on Monday opened the trial of a theater director and a playw ...
【style】
Read moreBlinken tells Netanyahu U.S. opposes plan of ground attack on Rafah
styleJERUSALEM, May 1 (Xinhua) -- U.S. Secretary of State Antony Blinken said on Wednesday that the Unite ...
【style】
Read moreBlinken tells Netanyahu U.S. opposes plan of ground attack on Rafah
styleJERUSALEM, May 1 (Xinhua) -- U.S. Secretary of State Antony Blinken said on Wednesday that the Unite ...
【style】
Read more
Popular articles
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- Spain's Botin beats heavyweights Burling and Slingsby to win Bermuda Sail Grand Prix
- Campus encampments: USC protesters comply with order to leave
- Will Prince Harry get to see his busy father, King Charles, when he visits the UK?
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- I did everything right but still almost died on a bushwalk. Here's how I survived
Latest articles
Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
Stephen A. Smith hits back at ex
Spice Girl Mel C is surrounded by eager fans as she lands at Sydney Airport amid Australian DJ tour
'Beautiful' student, 19, felt dizzy at dress fitting for her mother's wedding
What a blast to work at NASA. Space agency is sky
Southern California women sweep UCLA 3
LINKS
- Dive team finds bodies of 2 men dead inside plane in Alaska lake
- Dive team finds bodies of 2 men dead inside plane in Alaska lake
- Ukraine, Russia exchange drone attacks while Russia continues its push in the east
- Loyd scores 25, Magbegor has double
- Dive team finds bodies of 2 men dead inside plane in Alaska lake
- Caitlin Clark adjusting to playing in the WNBA, finishes first week on a high note
- Man acquitted in 2016 killing of pregnant woman and her boyfriend at a Topeka apartment
- Caicedo scores from halfway as Chelsea ends Premier League season with fifth straight win
- 11 hurt in mass shooting that marked a weekend of gun violence in Savannah, Georgia
- Man acquitted in 2016 killing of pregnant woman and her boyfriend at a Topeka apartment