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, Texas Instruments, and Amkor have finalized their CHIPS and Science Act funding agreements with the US Department of Commerce. Announced by the department in late December 2024, Samsung will receive $4.745 billion in direct funding, while Texas Instruments and Amkor will receive $1.61bn and $407 million respectively.
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.
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 ...
Samsung is using the $4.745 billion in funding to support three fabs in Taylor and the expansion of the company's Austin facility.
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,
Find out how new CHIPS Act incentive awards will support the government's effort to grow domestic semiconductor manufacturing.
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 ...