Current location:International Ink news portal > entertainment
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
International Ink news portal2024-05-09 05:05:02【entertainment】3People have gathered around
IntroductionWASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in
WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.
The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. The government support comes from the CHIPS and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving the production of advanced computer chips domestically.
“The proposed project will propel Texas into a state of the art semiconductor ecosystem,” Commerce Secretary Gina Raimondo said on a call with reporters. “It puts us on track to hit our goal of producing 20% of the world’s leading edge chips in the United States by the end of the decade.”
Address of this article:http://namibia.edtechdidi.com/html-76e199855.html
Very good!(94719)
Related articles
- TikToker reveals the 'dystopian hack' that snuck her résumé past AI bots and landed her three jobs
- Children Pick Strawberries at Hanging Strawberry Farm in E China's Zhejiang
- Shanghai Weighs Options to Tackle Birthrate Decline
- Children Visit Beijing Auto Museum During Winter Vacation
- The Met Gala's flowery theme went in all directions
- Xizang's Traditional Culture Effectively Inherited and Protected: Expert
- Highlights of Gangwon 2024 Winter Youth Olympic Games
- People Bustle on the First Day of 2024 in Relocation Sites of NW China's Gansu, Qinghai
- The secrets behind Kylie Minogue's age
- Shutterbug in Northeast China Records Growing Winter Sport Popularity
Popular articles
Recommended
Grease star Susan Buckner dead at 72: The actress played cheerleader Patty opposite Olivia Newton
China's HYX renews contract with IOC as formal uniform supplier
Push for More Parental Care Leave Gathers Pace
Rural Tourism Sees Robust Growth
Jessica Biel reveals her unusual secret to getting red
Cultural Confidence Glows via New Chinese
Xinjiang's Urumqi Sees Record Number of Tourists in 2023
Women's Federations, College Students Care for Rural Children in Anhui
Links
- Aerin Frankel stops 15, Laila Edwards scores 3 as US wins 5
- Top leadership hails efforts in flood control
- Chinese vice premier stresses deepening SOE reform
- Senior CPC official meets Macao media delegation
- Top leadership hails efforts in flood control
- Mainland's Taiwan affairs official meets KMT vice chairman
- Feature: Rafah drowning in tears as Palestinians bid farewell to loved ones for survival
- Panarin scores tying goal, shootout winner as the Rangers edge Islanders 3
- For Boston Marathon's last 100 years, it all starts in Hopkinton
- Xi calls on Shaanxi to write new chapter in advancing Chinese modernization