The U.S. government announced Monday a $6.4 billion subsidy for South Korean tech giant Samsung to build advanced computer chip manufacturing facilities in the Austin area, the latest wave of government funding meant to bring more chip-making production to the United States.
Washington
U.S. gives Samsung $6.4 billion to build new chip factories in Texas
The deal with Samsung comes a week after the government announced a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co., or TSMC, to expand its operations in Arizona. The payments are part of the 2022 CHIPS Act, which includes a pot of $39 billion in subsidies to encourage U.S. and foreign companies to build in the United States. So far, the government has allotted around $23 billion of that money to a handful of companies.
“The whole chain, R&D to packaging, is concentrated in a couple of Asian locations and that leaves the U.S. supply chain incredibly vulnerable to disruption. That’s untenable,” said Commerce Secretary Gina Raimondo in a call with reporters ahead of the announcement. “We are now making these investments which will allow the United States to once again lead the world.”
Although U.S. companies like Intel and Nvidia design many of the most advanced computer chips, they are overwhelmingly built in a small handful of facilities in Taiwan and South Korea. TSMC makes the vast majority of the world’s most advanced chips in Taiwan, raising concerns that if China invades or increases its influence over the island, the United States could be cut off from a technology that has become crucial for every industry, as well as the U.S. military.
The artificial intelligence boom, which demands the most advanced chips to train and run AI algorithms, has only added more urgency to calls from industry and national security leaders to expand U.S. chip-making capacity.
Building the most advanced computer chips, which are many times smaller than a human red blood cell, is a devilishly difficult task. A single chip factory, known as a “fab,” can take a decade and $20 billion to build. In Taiwan, they run 24 hours a day, monitored by highly specialized engineers in dust- and static-free “clean rooms.”
U.S. companies moved production overseas decades ago, seeking lower labor costs in an extremely competitive industry. But as Asian companies developed ever more advanced manufacturing techniques, the United States fell behind. TSMC executives have complained that U.S. workers and engineers aren’t up to the task of constructing and running such a difficult manufacturing process.
The Samsung deal includes around $40 million for job training, and the government expects the project to create over 17,000 construction jobs and 4,500 manufacturing positions in the next five years, according to a press release from the Commerce Department.
Washington
Andre Washington’s 20 points help Eastern Illinois take down Tennessee Tech 71-61
CHARLESTON, Ill. (AP) — Andre Washington had 20 points in Eastern Illinois’ 71-61 victory over Tennessee Tech on Thursday.
Washington shot 8 for 13, including 4 for 6 from beyond the arc for the Panthers (5-10, 2-3 Ohio Valley Conference). Meechie White added 13 points and four steals. Kooper Jacobi finished with 11 points and added seven rebounds.
The Golden Eagles (6-10, 1-4) were led in scoring by Jah’Kim Payne, who finished with 11 points. Tennessee Tech also got 10 points from Mekhi Turner.
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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
Washington
Stars defeat Capitals to end losing streak at 6 | NHL.com
Hintz scored into an empty net at 19:41 for the 4-1 final.
“Everybody played hard, did the right things, got pucks in deep, especially in the third period when we’re trying to close out a lead,” DeSmith said. “So, I thought top to bottom, first, second and third, we were really good.”
NOTES: The Stars swept the two-game season series (including a 1-0 win Oct. 28 in Dallas) and are 8-1-0 in their past nine games against the Capitals. … Duchene had the secondary assist on Steel’s goal, giving him 900 points (374 goals, 526 assists) in 1,157 NHL games. … Hintz has 11 points (seven goals, four assists) in an eight-game point streak against Washington. He had a game-high 12 shots on goal. … Thompson has lost six of his past seven starts (1-5-1).
Washington
Bridge collapse on Washington Avenue leaves emergency crews racing to rescue victims
WHEELING, W.Va. — Emergency crews are responding to a major incident at the Washington Avenue Bridge, which has collapsed into Wheeling Creek.
Multiple police and firefighter units are on the scene, working swiftly to rescue those injured in the collapse.
Three injured workers have been taken to the hospital. Officials say one is a serious injury and two are non-life threatening.
Access to the area has been closed to facilitate rescue operations.
The bridge was closed in early December for a replacement that was expected to take nearly a year.
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