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Stockreport

US confirms billions in chips funds to Samsung, Texas Instruments [Yahoo! Finance]

Texas Instruments Incorporated (TXN)  More Company Research Source: Yahoo! Finance
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ti.com/corp/docs/investor_relations/index.html
President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States. US officials have been working to solidify Biden's legacy to bolster domestic semiconductor manufacturing ahead of President-elect Donald Trump's White House return -- and these agreements are among the latest efforts to do so. The United States has been trying to reduce its dependence on other countries for semiconductors, while also seeking to maintain its scientific and technological edge as competition with China intensifies. Samsung's award of up to $4.7 billion in direct funding goes towards its effort to grow its Texas presence into a full-fledged operation for developing and producing leading-edge chips, said the US Commerce Department. The funding will supplement the company's investment of more than $37 billion in the coming years, t [Read more]
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Stockreport

US confirms billions in chips funds to Samsung, Texas Instruments [Yahoo! Finance]

Texas Instruments Incorporated  (TXN) 
More Company Research Source: Yahoo! Finance
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ti.com/corp/docs/investor_relations/index.html
President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States. US officials have been working to solidify Biden's legacy to bolster domestic semiconductor manufacturing ahead of President-elect Donald Trump's White House return -- and these agreements are among the latest efforts to do so. The United States has been trying to reduce its dependence on other countries for semiconductors, while also seeking to maintain its scientific and technological edge as competition with China intensifies. Samsung's award of up to $4.7 billion in direct funding goes towards its effort to grow its Texas presence into a full-fledged operation for developing and producing leading-edge chips, said the US Commerce Department. The funding will supplement the company's investment of more than $37 billion in the coming years, t [Read more]
IMPACT SNAPSHOT
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TXN
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Price Change %
Volume Shares
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS