{"id":87869,"date":"2024-04-09T00:19:24","date_gmt":"2024-04-09T04:19:24","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87869"},"modified":"2024-04-08T23:53:59","modified_gmt":"2024-04-09T03:53:59","slug":"u-s-to-award-samsung-up-to-6-6-billion-chip-subsidy-for-texas-expansion-reuters","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/u-s-to-award-samsung-up-to-6-6-billion-chip-subsidy-for-texas-expansion-reuters.html","title":{"rendered":"U.S. to award Samsung up to $6.6 billion chip subsidy for Texas expansion: Reuters"},"content":{"rendered":"\n<p>(CNBC) <\/p>\n\n\n\n<p>The\u00a0Biden administration plans to announce it is\u00a0awarding more than\u00a0$6\u00a0billion\u00a0to South <a href=\"https:\/\/www.cnbc.com\/quotes\/SSNLF\/\">Korea\u2019s\u00a0Samsung<\/a> next week to expand its\u00a0chip\u00a0output in Taylor,\u00a0Texas, as it seeks to ramp\u00a0up\u00a0chipmaking in the U.S., two people familiar with the matter said. The\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/world\/us\/us-officials-face-tough-choices-subsidizing-ai-chip-manufacturing-2024-03-06\/\" target=\"_blank\">subsidy<\/a>, which will be will go toward construction of four facilities in Taylor, including one $17\u00a0billion\u00a0chipmaking plant that\u00a0Samsung\u00a0announced in 2021.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/09\/us-to-award-samsung-up-to-6point6-billion-chip-subsidy-for-texas-expansion-reuters.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The\u00a0Biden administration plans to announce it is\u00a0awarding more than\u00a0$6\u00a0billion\u00a0to South Korea\u2019s\u00a0Samsung next week to expand its\u00a0chip\u00a0output in Taylor,\u00a0Texas, as it seeks to ramp\u00a0up\u00a0chipmaking in the U.S., two people familiar with the matter said. The\u00a0subsidy, which will be will go [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87869","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87869"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87869\/revisions"}],"predecessor-version":[{"id":87870,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87869\/revisions\/87870"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}