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White House awards Samsung $6.4 billion to expand U.S. chipmaking

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White House awards Samsung $6.4 billion to expand U.S. chipmaking – CBS News

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The Biden administration is awarding Samsung $6.4 billion to expand American chipmaking. The company will spread the money across at least five facilities in Texas. Sujai Shivakumar, senior fellow at the Center for Strategic and International Studies, joins CBS News to assess the economic and technological impacts.

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