The US Department of Commerce on Friday announced its awards for Samsung, Texas Instruments and Amkor Technology under the CHIPS Incentives Program, which come to more than $6.75 billion altogether. The program is meant to help expand domestic semiconductor production. Samsung was awarded up to $4.745 billion in direct funding -- a smaller amount than the preliminary award of up to $6.4 billion that was announced earlier this year -- while Texas Instruments was granted up to $1.61 billion and Am...
DOC finalizes semiconductor awards totaling nearly $7 billion for Samsung, Texas Instruments and Amkor
Engadget - 22 Dec 2024 01:57
The US Department of Commerce on Friday announced its awards for Samsung, Texas Instruments and Amkor Technology under the CHIPS Incentives Program, which come to more than $6.75 billion altogether. The program is meant to help expand domestic semiconductor production. Samsung was awarded up to $4.745 billion in direct funding -- a smaller amount than the preliminary award of up to $6.4 billion that was announced earlier this year -- while Texas Instruments was granted up to $1.61 billion and Am...
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