US confirms billions in chips funds to Samsung, Texas Instruments
Washington (AFP) Dec 20, 2024
President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States. US officials have been working to solidify Biden's legacy to bolster domestic semiconductor manufacturing ahead of President-elect Donald Trump's White House
President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States. US officials have been working to solidify Biden's legacy to bolster domestic semiconductor manufacturing ahead of President-elect Donald Trump's White House