Biden’s semiconductor strategy

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Biden Administration Approves $6.4 Billion Funding for Samsung Chip Manufacturing in Texas

April 18, 2024

The Biden administration recently greenlit a significant financial package of up to $6.4 billion for Samsung Electronics to establish a cutting-edge computer chip manufacturing and research hub in Texas. This strategic move, in line with the CHIPS and Science Act signed by President Joe Biden in 2022, aims to bolster domestic production of advanced computer […]