**Semiconductor Revolution:** Biden Administration Pours $6.4 Billion into Samsung for Chipmaking

Washington, D.C. – The White House recently announced plans to allocate up to $6.4 billion for chipmaking to Samsung, a significant move in the Biden administration’s strategy to revive semiconductor manufacturing in the United States. While the focus has primarily been on advanced logic semiconductors, the new initiative will shift attention to memory chips, crucial for powering artificial intelligence. A total of $23 billion out of the allocated $39 billion has already been designated to …

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