PALO ALTO, California -- The Biden administration finalized an up to $4.75 billion grant to Samsung Electronics on Friday to make advanced semiconductors in the U.S., a figure far short of the $6.4 billion announced in April.
Semiconductors
U.S. cuts Samsung CHIPS Act award by nearly $1.7bn
South Korean giant downsizes Texas investment as semiconductor woes deepen
Samsung is building two new leading-edge logic fabs and an R&D facility in Taylor, Texas. (Samsung)
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