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Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas

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Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas


The Biden administration on Monday announced a multibillion-dollar agreement with Samsung, which will invest in semiconductor chip manufacturing in Texas. The $6.4 billion preliminary deal is the latest agreement struck using funds from the CHIPS and Science Act, a bipartisan law Biden signed in…

#samsung #scienceact #austin #intel #globalfoundries #baesystems

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