Following extensive talks, two more firms besides Intel and TSMC will get tax funds for new US chip factories. They are already under construction.
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.
The awards will be given out based on the companies' completion of project milestones, the Department of Commerce said.
The US commerce department has awarded nearly 6.75 billion dollars to Samsung, TXN, and Amkor to expand chip production.
Samsung Electronics Co. and Texas Instruments Inc. completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.
Samsung Electronics and Texas Instruments completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.
The U.S. Commerce Department on Friday announced that it was finalising an award of up to $1.61 billion for Texas Instruments to boost chip production and up to $4.745 billion for Samsung Electronics of South Korea.
An unofficial PC port of Nintendo 64 classic Star Fox 64 has been released. Created by Harbour Masters, the same fan team behind 2022’s Ocarina of Time PC port and this year’s Majora’s Mask port, ‘Starship’ allows those with legal game ROMs to play Star Fox 64 with modern settings, such as higher frame rates and in ultra-widescreen resolutions.
The Epic Games Store’s latest free title is now available. Wizard of Legend is free to claim until December 23 at 8am PT / 11am ET / 4pm GMT. Developed by Contingent99 and released in 2018, the PC version of the game has a score of 79 on review aggregation site Metacritic. It’s normally priced at $15.99 / £12.99 on the Epic Games Store.
Under binding agreements unveiled Friday, Samsung would get as much as US$4.75 billion in funding, while Texas Instruments stands to receive US$1.6 billion — money that would help them build facilities in Texas and Utah. The final deals mean the chipmakers can begin collecting the funding when their projects hit certain benchmarks.
The U.S. Commerce Department said Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chips production.