Just days before Christmas, the U.S. government finalized funding deals with three companies — Samsung, Ankor, and Texas Instruments. The companies will, respectively, build a leading-edge 2nm-capable fab,

Following extensive talks, two more firms besides Intel and TSMC will get tax funds for new US chip factories. They are already under construction.

Samsung Electronics received direct funding of up to $4.745 billion from the CHIPS Act. The award follows the original preliminary funding announced in April of 2024. The funding will support Samsung’s reported $37 billion in the coming years to build up its semiconductor manufacturing presence in Tyler, Texas.

The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chip production.

The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication,

TI to receive up to US$1.6 billion in CHIPS Act funding Micron poised to get over $6 billion in chips grants in announcement next week Samsung gets US$6.4 billion from CHIPS Act, promises to bring ...

Find out how new CHIPS Act incentive awards will support the government's effort to grow domestic semiconductor manufacturing.

President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmak

Samsung Electronics and Texas Instruments completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.

Just days before Christmas, the U.S. government finalized funding deals with three companies — Samsung, Ankor, and Texas Instruments. The companies will, respectively, build a leading-edge 2nm ...

Samsung is using the $4.745 billion in funding to support three fabs in Taylor and the expansion of the company's Austin facility.