US to give SK Hynix $450 mn for chip packaging hub
				
																	
								
				Washington (AFP) Aug 6, 2024
The United States said Tuesday it has agreed to provide up to $450 million to South Korean semiconductor firm SK hynix to help build a chip packaging plant in the US state of Indiana. The award is the latest from the US government as it looks to cement its lead in the chip industry - especially for chips needed for the development of artificial intelligence - both on national security grou
			
			
			
						
						
						
					
		The United States said Tuesday it has agreed to provide up to $450 million to South Korean semiconductor firm SK hynix to help build a chip packaging plant in the US state of Indiana. The award is the latest from the US government as it looks to cement its lead in the chip industry - especially for chips needed for the development of artificial intelligence - both on national security grou
