Get access to our best features
Get access to our best features
Published 1 month ago

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

  • The Biden administration has agreed to provide up to $6.4 billion in funding for Samsung Electronics to develop a chip manufacturing cluster in Texas.
  • The project, expected to exceed $40 billion in total investment, will create thousands of construction and manufacturing jobs.
  • The cluster in Taylor, Texas, will include factories producing four- and two-nanometer chips, with Samsung also planning to claim an investment tax credit.
Insights by Ground AI
Does this summary seem wrong?

0 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 64% of the sources are Center
65% Center

To view factuality data please Upgrade to Premium


To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)