Current location:Global Gleam news portal > sport
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
Global Gleam news portal2024-04-30 13:07:50【sport】4People 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.”
Address of this article:http://suriname.fidosfortywinks.com/content-76e199855.html
Very good!(7)
Related articles
- Billie Eilish announces 'Hit Me Hard and Soft' arena world tour
- Miles Russell is 15. He sets Korn Ferry Tour record as the youngest player to make the cut
- Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
- Probe underway into highway school bus fire that sent 10 students fleeing in New Jersey
- Chinese foreign ministry official on US Secretary of State Blinken's visit to China
- Buffalo Bills owner Terry Pegula explores selling non
- China's new high
- Wondrous Xinjiang: Xinjiang's mobile bazaar blooms ahead
- Deepfake of principal's voice is the latest case of AI being used for harm
- China's BYD adds new dealership in Tokyo
Popular articles
Recommended
University of Arizona student shot to death at off
NHL PLAYOFFS: West best Dallas vs. defending champion Vegas headlines 1st
Georgia gymnastics coach Courtney Kupets Carter is fired after 7 seasons, no NCAA titles
'Bluey' hits the mark with children and adults alike
Matt Ryan will join NFL Today, Simms and Esiason depart
Closing prices for crude oil, gold and other commodities
Georgia gymnastics coach Courtney Kupets Carter is fired after 7 seasons, no NCAA titles
Man dies in fire under Atlantic City pier near homeless encampment
Links
- Two killed in shooting at Ferguson, Missouri, gas station; officer fired shots
- Four dead in southwest China forest fires
- Xi's article on cultural heritage, fine traditional Chinese culture to be published
- China to carry out third residents' time use survey
- Wisconsin Republicans ignore governor's call to spend $125M to combat so
- Former UK leader Liz Truss backs Trump and blames others for her ouster after 49 days
- U.S. 'world leadership' in the red
- US Pentagon chief speaks with Chinese counterpart for first time since November 2022
- National reunification unstoppable: Mainland spokesperson
- South Africa's former president Zuma survives road crash