Washington, Dec 19, 2024 (AFP) - SK hynix to get $458 mn funding for US chip facilities

NAMPA / AFP

2024-12-19

President Joe Biden's administration has finalized an award of up to $458 million for SK hynix, officials said Thursday, furthering efforts to lock in his legacy in boosting US semiconductor production before Donald Trump takes office. The money supports a broader SK hynix investment of around $3.9 billion in Indiana, where the South Korean semiconductor firm is building facilities including a memory packaging plant for artificial intelligence pr......

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