Micron (MU) to Get Over $6 Billion in Chips Act Grants in Announcement Next Week
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Micron set to get $6 billion in chip grants from US, Bloomberg reports
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
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Samsung may consider twin-chip strategy for Galaxy Z Fold 6 and Z Flip 6 due to cost hikes
Samsung may consider launching the Galaxy Z Fold 6 and Galaxy Z Flip 6 in Exynos and Snapdragon variants for different markets because of the burden of increased component purchase costs.
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Samsung on Tap to Receive Up to $6.4B in CHIPS Funding
Samsung on Tap to Receive Up to $6.4B in CHIPS Funding The U.S. Department of Commerce has signed a non-binding preliminary memorandum of terms to provide up to $6.4 billion in direct funding to Samsung under the CHIPS and Science Act. The proposed investment would support the creation of more than Telecompetitor