The Biden administration plans to announce it is awarding more than $6 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., Reuters reported Tuesday, citing sources. From the report: The subsidy, which will be unveiled by Commerce Department Secretary Gin ... ⌘ Read more
The Biden administration plans to announce it is awarding more than $6 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., Reuters reported Tuesday, citing sources. From the report: The subsidy, which will be unveiled by Commerce Department Secretary Gin ... ⌘ Read more