SK Hynix shores up $458M in U.S. CHIPs Act funding
Nvidia (NVDA) supplier SK Hynix (OTCPK:HXSCF) has won up to $458M in direct funding as part of the U.S. CHIPs Act to build a robust and resilient AI semiconductor supply chain in the U.S. The award comes after the previously signed preliminary memorandum ...
US awards $458m to SK Hynix for chip packaging plant
"US awards $458m to SK Hynix for chip packaging plant" was originally created and published by Verdict, a GlobalData owned brand.
US finalizes $458 million award to SK Hynix for US chips packaging facility
The U.S. Commerce Department on Thursday finalized an award to SK Hynix of up to $458 million in government grants to help fund an advanced chip packaging plant and research and development facility for artificial intelligence products in Indiana.
Commerce Dept Awards $458M for SK Hynix’s Indiana Chip Plant
Read about the $458M federal funding support for South Korean company SK Hynix’s upcoming advanced memory packaging plant in Indiana.
SK hynix to get $458 mn funding for US chip facilities
President Joe Biden's administration has finalized an award of up to $458 million for SK hynix, officials said Thursday, furthering efforts to lock in his legacy in boosting US semiconductor production before Donald Trump takes office.
SK hynix secures $458m subsidy for US advanced chip packaging facility
SK hynix, the world’s second-largest memory chip maker, has finalized a deal with the US government to secure direct funding of up to $458 million for building its advanced chip packaging plant in the US,
SK hynix receives $458 million of CHIPS Incentives Award for AI semiconductor facility and R&D center at Purdue Research Park
Purdue President Mung Chaing announced the historic $3.7 billion SK hynix partnership in April. The U.S. Department of Commerce announced $458 million in funding through the CHIPS Act for the
SK Hynix Completes Deal for $958 Million in US Chips Grant, Loan
The Biden administration has cemented a deal to give SK Hynix Inc. as much as $458 million in grants and $500 million in loans to support an advanced chip packaging facility in Indiana, a key part of US efforts to build a domestic semiconductor supply chain.
SK Hynix finalizes $958 million US chips subsidy deal
The United States has finalized a deal to give South Korean chipmaker SK Hynix up to $458 million in grants and $500 million in loans to build an advanced chip packaging facility in Indiana. The combined grant and loan subsidy package amounts to $958 million.
SK Hynix lands US$458 million CHIPS Act grant
The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act), supporting the company's efforts to strengthen the AI supply chain in the US.
SK Hynix Wins $458M Funding to Power Indiana AI Chip Plant, Bolster US Semiconductor Sector
SK Hynix has secured a $458 million grant from the U.S. Commerce Department to fund an AI chip packaging plant in Indiana. The facility will produce next-generation memory chips for AI systems, filling a crucial gap in
DMR News (English) on MSN1d
SK Hynix Secures $458 Million Grant for US Semiconductor Project
The U.S. Commerce Department announced on Thursday it has finalized an award of up to $458 million in grants for SK Hynix to ...
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Micron forecasts slump in general-purpose memory, casting doubts on Samsung, SK Hynix
Micron has released its first-quarter fiscal 2025 (1QFY25, ending November 28, 2024) financial results, highlighting strong ...
Yonhap News English on MSN1d
Earnings forecasts of Samsung, SK hynix for Q4 downgraded on weak industry demand
Earnings forecasts for South Korea's two largest chipmakers, Samsung Electronics Co. and SK hynix Inc., for the fourth ...