Biden-Harris Administration Announces CHIPS Incentives Award …
4 days ago · CHIPS for America Secures Awards with All Five Major Leading-Edge Companies. Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Samsung Electronics (Samsung) up to $4.745 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities.
Samsung, Texas Instruments Finalize Chips Act Awards Deals
3 days ago · The Chips Act, signed into law by President Joe Biden in 2022, set aside $39 billion in grants, loans and loan guarantees worth $75 billion, and 25% tax credits.
Live news: US finalises $4.7bn chips funding for Samsung
4 days ago · Samsung will receive up to $4.74bn in US federal Chips Act subsidies under the terms of a final deal with the commerce department announced on Friday, supporting its $37bn investment in building ...
The US finalizes CHIPS Act funding for Samsung and Texas …
2 days ago · Samsung and Texas Instruments will receive over $6 billion combined for US chip manufacturing. By Wes Davis , a weekend editor who covers the latest in tech and entertainment.
Samsung Electronics granted $4.7B in CHIPS Act subsidy from U.S ...
3 days ago · The announcement came after the department announced a preliminary deal with Samsung in April to provide up to $6.4 billion in grants under the CHIPS and Science Act. On Thursday, it announced a final decision to give up to $458 million in direct funding and up to $500 million in loans to another Korean firm, SK hynix, for its investment in ...
US finalizes up to $6.75 billion in chips awards for Samsung, Texas ...
3 days ago · US finalizes three chips awards worth up to $6.75 billion; Samsung's award cut by about $1.7 billion to $4.745 billion; Commerce has finalized more than $33 billion out of $36 billion in awards ...
Biden-Harris Administration Announces CHIPS Incentives Award …
4 days ago · Media Contact: Hannah Robinson, hannah.robinson [at] chips.gov (hannah[dot]robinson[at]chips[dot]gov) Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Samsung Electronics (Samsung) up to $4.745 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities.
Samsung awarded $4.8bn incentive to help boost US production …
3 days ago · News. UAE. Gulf. MENA. US. UK. Europe. Asia. Business. Aviation. Economy. Energy. Money. Property. ... The Samsung booth at the 2024 CES event in Las Vegas, Nevada, US, on Wednesday, Jan. 10, 2024. ... Samsung awarded $4.8bn incentive to help boost US production under Chips Act. The financial boost will help create 'tens of thousands' of jobs ...
Samsung gets CHIPS Act money; downsizes Texas factory plans
3 days ago · The CHIPS Act provides $39 billion of investment for both direct manufacturers and those in the supply chain, and many in Austin besides Samsung are hoping to get a piece of it.
Samsung Electronics to Receive up to $6.4 Billion in Direct …
Apr 15, 2024 · Samsung Electronics today welcomed U.S. Secretary of Commerce Gina Raimondo to its new semiconductor manufacturing facility in Taylor, Texas, at an event to announce up to $6.4 billion in direct funding to Samsung as part of the CHIPS and Science Act.
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