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US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say

WASHINGTON (Reuters) -The Biden administration plans to announce it is awarding more than $6 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go toward construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an advanced packaging facility and a research and development center, one of the sources said. It will also include an investment in another undisclosed location, the source said, adding that Samsung will more than double its U.S. investment to over $44 billion as part of the deal. ....

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Storms in forecast for WV week after flooding, tornados

Most of West Virginia is under a Hazardous Weather Outlook ahead of possible severe storms and flooding on Thursday. ....

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Enter to win two tickets to Let's Sing Taylor at the Boulder Theater on April 14!

We're excited to announce that the Let's Sing Taylor (A Live Band Experience Celebrating Taylor Swift) concert at the Boulder Theater on April 14th will. ....

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Samsung to get at least $6 billion subsidy for Taylor facility from CHIPS Act

The Biden administration plans to announce it is awarding at least $6 billion to Samsung to expand its chip output in Taylor, Reuters reported. ....

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Samsung Doubles Down on Texas as U.S. Chip Center

The South Korean firm said it will ramp up investment to $44 billion for its hub near Austin that makes advanced semiconductors. ....

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