Samsung, Amkor, and TI finalize CHIPS deals

The US finalizes CHIPS Act funding for Samsung and Texas Instruments
The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication,” according to a pair of announcements published on Friday.
Samsung, Texas Instruments Finalize Chips Act Awards Deals
Texas Instruments Inc. signed a final agreement for $1.6 billion in government grants to support construction of new semiconductor plants in the US, cementing another major part of the Biden administrations’ Chips Act initiative.
Samsung finalizes CHIPS Act incentive; scope of factory less than previously announced
Samsung Electronics Co. Ltd. has finalized the incentive it will get through the federal CHIPS and Science Act, although the company won't be making as big of an investment in Taylor as what was proclaimed when dignitaries descended on the small town to announce a preliminary CHIPS award earlier this year.
Samsung finalizes $4.75B CHIPs Act award
The Biden administration finalized a $4.745B grant for South Korea's Samsung (SSNLF) as part of the $53B CHIPs Act on Friday. Read for more.
Over $6 billion in CHIPS Act funding finalized for Micron plants in the US
The US Commerce Department announced it has awarded memory chip maker Micron Technology with “up to $6.165 billion in direct funding” derived from the CHIPS Act.
DOC finalizes semiconductor awards totaling nearly $7 billion for Samsung, Texas Instruments and Amkor
The US Department of Commerce on Friday announced its awards for Samsung, Texas Instruments and Amkor Technology under the CHIPS Incentives Program, which come to more than $6.75 billion altogether. The program is meant to help expand domestic semiconductor production.
Amkor's semiconductor project in Peoria secures $400M in CHIPS Act grant
Amkor Technology Inc. was awarded $407 million in federal funding to support its semiconductor assembly and testing facility ...
Electronics Purchasing and Supply News3d
CHIPS Act Investment and Supply Chain Challenges
The CHIPS Act seeks to onshore the production of crucial components, from advanced memory chips to specialized semiconductors ...
Raimondo Says Holding Back China in Chips Race Is a ‘Fool’s Errand’
The Commerce secretary says investment, more than export controls, will keep the U.S. ahead of Beijing.
Digi Times11d
Intel, Microchip cases expose CHIPS Act challenges
The CHIPS and Science Act, signed into law by President Joe Biden in August 2022, has been in place for over two years. While ...
The Business Journals4d
GlobalWafers secures CHIPS Act funding for Sherman silicon wafer factory
The final agreement, announced Dec. 17, will allocate money awarded through the CHIPS and Science Act based on ...
GlobalWafers shores Up $406 Million in US Chips Act awards
GlobalWafers Co., a Taiwanese maker of silicon wafers used in chip manufacturing, finalized a deal to receive as much as $406 ...
Datacenter Dynamics3d
SK Hynix secures $458m in CHIPS Act funding
The US Department of Commerce has awarded SK Hynix $458 million in direct funding under the CHIPS and Science Act. The ...
Digi Times3d
SK Hynix lands US$458 million CHIPS Act grant
The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act ...