Technology
Samsung close to securing $6 billion grant for chip plant in Texas
![Samsung close to securing $6 billion grant for chip plant in Texas](https://seveneleven.ae/wp-content/uploads/2024/04/31143-samsung-close-to-securing-6-billion-grant-for-chip-plant-in-texas-780x470.jpg)
According to a new report from Reuters, Samsung may soon receive a $6 billion grant from the US government to expand its chip-making factories stateside. The new grant will be part of the CHIPS and Science Act which authorizes over $280 billion in funding to boost semiconductor research and manufacturing in the US…