Latest Gina Raimondo News

Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas

Apr. 15, 2024 07:06 AM EDT

WASHINGTON (AP) — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. The funding announced Monday by the Commerce Department is part of a...

Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US

Apr. 08, 2024 05:04 AM EDT

WILMINGTON, Del. (AP) — The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time. ...