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Samsung awarded $6.4 billion by U.S. under CHIPS Act to boost chip production
The U.S. government will give Samsung up to $6.4 billion in direct funding to boost its chip production in Texas, the Commerce Department said on Monday.In return, the South Korean tech giant will commit $45 billion in investment for its two chip production facilities, one under construction in Taylor and another exiting one in Austin. Samsung will also build an additional advanced packaging plant and a research center.Samsung becomes the third-largest receipt of funding from the U.S. under the...
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Disney gets key approval for $1.9BILLION Disneyland expansion project that brings new Zootopia and Toy Story attractions to life
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