Samsung Electronics and Texas Instruments received billions of dollars in chip subsidies from the USA.

US President Biden stated on Friday that agreements worth billions of dollars have been reached with South Korean semiconductor giant Samsung Electronics and Texas Instruments (TXN.US) to strengthen chip manufacturing facilities in the USA. The US Department of Commerce announced that Samsung has secured up to 4.7 billion dollars in funding to develop its operations in Texas into a mature business focused on the development and production of advanced chips. Authorities indicated in another notice that up to 1.6 billion dollars will be allocated to Texas Instruments to support the construction of new facilities.

AASTOCKSDec 21 02:26

Analysts Conflicted on These Technology Names: CCC Intelligent Solutions Holdings (CCCS), ARM Holdings PLC ADR (ARM) and Texas Instruments (TXN)

TipRanks54minutes ago · Ratings

A new star joins Trump's economic team, who has previously criticized Powell!

Stephen Moore was nominated by Trump to be the chair of the White House Council of Economic Advisers; he had previously accused Powell of helping the Democrats in the last USA election, and he is also a "crypto supporter."

Golden10 Data13:49

Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?

Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.

wallstreetcnDec 22 12:21

Looking Into Texas Instruments's Recent Short Interest

BenzingaDec 21 02:30

US Finalizes up to $6.35 Billion in Chips Awards for Samsung Electronics, Texas Instruments

Yahoo FinanceDec 21 02:06