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Amazon Web Services, Inc.

Amazon Web Services, Inc.

Korea semiconductor company SK Hynix gets $450 million in CHIPS Act grant

Amazon Web Services, Inc.
Summary
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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 .

VR Score

80

Informative language

84

Neutral language

45

Article tone

formal

Language

English

Language complexity

51

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not offensive

Hate speech

not hateful

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not detected

Known propaganda techniques

not detected

Time-value

short-lived

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