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Intel, TSMC, and Samsung are demanding Biden double the funds on hand for chips, Raimondo says

Retrieved on: 2024-02-26 22:12:40

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Intel, TSMC, and Samsung are demanding Biden double the funds on hand for chips, Raimondo says. View article details on HISWAI: https://fortune.com/2024/02/26/gina-raimondo-chips-act-intel-tsmc-samsung-70-billion/

Summary

TSMC, Intel, and Samsung are vying for funds from the CHIPS and Science Act to bolster U.S. semiconductor manufacturing, with Commerce Secretary Raimondo overseeing the distribution prioritizing advanced and essential chip production.

Article found on: fortune.com

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