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U.S. awards Samsung $6.4-billion in grants to expand chip production in Texas

Retrieved on: 2024-04-15 15:57:11

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U.S. awards Samsung $6.4-billion in grants to expand chip production in Texas. View article details on HISWAI: https://www.theglobeandmail.com/business/technology/article-us-to-award-samsung-64-billion-in-grants-to-expand-chip-production/

Summary

The article discusses the U.S. government awarding Samsung grants to expand its semiconductor production in Texas, part of a strategy to bolster domestic chipmaking and reduce reliance on TSMC and the semiconductor industry in China amidst a global chip shortage.

Article found on: www.theglobeandmail.com

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