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Stockreport

The US finalizes CHIPS Act funding for Samsung and Texas Instruments [Verge, The]

Texas Instruments Incorporated (TXN)  More Company Research Source: Verge, The
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
Share this story The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication,” according to a pair of announcements published on Friday. Samsung will get the larger of the two awards at $4.745 billion. The Commerce Department says the company will use this as part of its planned $37 billion investment in Texas chip facilities that include two new “leading-edge logic fabs and an R&D fab” in Taylor, Texas, and the expansion of its plant in Austin. The company was originally slated to receive $6.4 billion. In a statement reported by Bloomberg , the company said that its “mid-to-long-term investment plan has been partially revised to optimize overall investment efficiency,” which suggests the company has dialed back its plans, according to the outlet. Texas Instruments will receive $1.61 billion to bolster the $18 billion it plans to s [Read more]
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Stockreport

The US finalizes CHIPS Act funding for Samsung and Texas Instruments [Verge, The]

Texas Instruments Incorporated  (TXN) 
More Company Research Source: Verge, The
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
Share this story The US Commerce Department has awarded Samsung and Texas Instruments with a combined over $6 billion in “direct funding under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication,” according to a pair of announcements published on Friday. Samsung will get the larger of the two awards at $4.745 billion. The Commerce Department says the company will use this as part of its planned $37 billion investment in Texas chip facilities that include two new “leading-edge logic fabs and an R&D fab” in Taylor, Texas, and the expansion of its plant in Austin. The company was originally slated to receive $6.4 billion. In a statement reported by Bloomberg , the company said that its “mid-to-long-term investment plan has been partially revised to optimize overall investment efficiency,” which suggests the company has dialed back its plans, according to the outlet. Texas Instruments will receive $1.61 billion to bolster the $18 billion it plans to s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TXN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
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
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS