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Samsung awarded $6.4 billion CHIPS Act grant to build ‘semiconductor ecosystem’ in Texas

Samsung awarded $6.4 billion CHIPS Act grant to build 'semiconductor ecosystem' in Texas

[ad_1] The Biden administration just to award Samsung up to $6.4 billion in grants as part of CHIPS Act funding. This money will complement the that the company has promised to spend in the state to build a “semiconductor ecosystem.” This money will be spent to in Taylor, Texas that will focus on research and … Read more

TSMC snags $6.6 billion in CHIPS Act funding to open three factories in Arizona

TSMC snags $6.6 billion in CHIPS Act funding to open three factories in Arizona

[ad_1] President Biden’s to semiconductor manufacturers. The White House Taiwan Semiconductor Manufacturing Company (TSMC) is receiving $6.6 billion in grants to build three fabrication plants, otherwise called fabs, in the region of Phoenix, Arizona. This is in addition to around $5 billion in government loans. As part of this deal, TSMC agreed to expand its … Read more

GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion

GlobalFoundries secures $1.5 billion in CHIPS Act funding for US expansion

[ad_1] The Biden administration is granting $1.5 billion in funding to to bolster semiconductor production under the . The company, which spun out from AMD in 2009 and also has access to $1.6 billion in loans from the CHIPS Program Office, will split the cash between three projects. First, GlobalFoundries will build a new fabrication … Read more