Samsung awarded $6.4B as part of CHIPS Act 

Samsung Semiconductor CEO Kye Hyun Kyung and Secretary Gina Raimondo held a celebration of the CHIPS investment on April 15, 2024, in Taylor, Texas. The $6.4 billion investment will enable Samsung to further expand in Central Texas and create new manufacturing capacity and capabilities for essential chips for the automotive, consumer technology, IoT, aerospace, and other vital industries.
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