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Biden gives Samsung $6.4 billion in grants to boost Texas chip output | CNN Business

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Biden gives Samsung $6.4 billion in grants to boost Texas chip output | CNN Business

The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung 005930.KS to expand its chip production in central Texas as part of a broader effort to boost U.S. chipmaking, the Department of Commerce said on Monday.

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Biden gives Samsung $6.4 billion in grants to boost Texas chip output | CNN Business

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Biden gives Samsung $6.4 billion in grants to boost Texas chip output | CNN Business

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