Tag: Biden
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Biden Administration Invests $1.6 Billion in Texas Instruments for Semiconductor Manufacturing
On August 16, 2024, the Biden administration revealed a significant investment of $1.6 billion aimed at bolstering semiconductor manufacturing through Texas Instruments. This funding will be allocated to advanced chip fabrication plants in Utah and Texas, supported by the CHIPS and Science Act, a cornerstone of President Biden’s economic strategy initiated in 2022. The initiative…