US Invests in Semiconductor Manufacturing
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Taiwan Semiconductor Manufacturing CompanyAmazon Web Services, Inc.
•Korea semiconductor company SK Hynix gets $450 million in CHIPS Act grant
73% Informative
The Biden administration announced Tuesday it's awarding hundreds of millions in grants to South Korea's SK Hynix for its new facility in West Lafayette , IN.
Semiconductors are crucial to the artificial intelligence boom the tech sector is facing today .
Only about 10% of chips are made in the United States that's down from roughly 37% in 1990 .
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